151 Forest Grove Ave
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 |
|---|---|---|---|
| Aug 16, 2024 | Sold | ||
| Sold | |||
| May 23, 2024 | Listed by William Raveis R.E. & Home Services | $400,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| | |||
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OH 5/26 SUNDAY 11-12:30. Why rent when you can buy?(More than 500 addl living space LL and 4 seas porch) This two bedroom/1 bath Cape with walkout lower level presents a great opportunity to create your own personal sanctuary, free from ever rising rents. First floor offers bedroom or home office, full bath, and original Kitchen that can be transformed by your own inspired ideas, while the large second floor Master Bedroom provides an empty canvass for your personal vision. Rejuvenate in the bright and sunny enclosed four season porch or the substantial level back yard and patio. This extremely functional property with ample off-street parking is being sold where is as is and could be transformed into a true gem. Don’t miss it!
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| Jun 24, 2023 | Delisted | - | |
| Delisted | |||
| Jan 5, 2023 | In contract | - | |
| In contract | |||
| Jan 2, 2023 | Price Decreased |
$379,000
↓ $20K
(5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017