149 Forest St
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 17, 2025 | Sold | ||
| Sold | |||
| Nov 19, 2025 | In contract | - | |
| In contract | |||
| Nov 13, 2025 | Listed by Commonwealth Standard Realty Advisors | $750,000 | |
| Listed by Commonwealth Standard Realty Advisors | |||
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Charming Colonial style home in Reading's desirable Birch Meadow neighborhood! Step into the spacious living room and enjoy an abundance of natural light pouring through the picture window. Eat- in kitchen offers room for additional storage or prep space to be added. Gleaming hardwood floors throughout were just refinished. Screened in porch off of the dining room is the perfect place to unwind. Upstairs find three generously sized bedrooms. Recent updates from 2024 include conversion to public sewer, 3 mini splits added to the second floor, attic insulation, an upgraded electric panel, new kitchen light fixtures, a radon mitigation system, new thermostats and fresh paint throughout in 2025. The backyard is fully fenced in and home to many mature annuals like bergamot, hydrangeas, lily of the valley and more! All this in a terrific location-- 5 min. drive to Reading commuter rail, 0.1 mi. to Birch Meadow Elementary School and 0.4 mi to Coolidge Middle School.
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| Jul 29, 2024 | Sold | ||
| Sold | |||
| Jun 25, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017