16 Forest Road
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 5, 2022 | Sold | ||
| Sold | |||
| Oct 21, 2022 | In contract | - | |
| In contract | |||
| Oct 16, 2022 | Listed by The Real Estate Market Center | $329,000 | |
| Listed by The Real Estate Market Center | |||
| | |||
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Fabulous Location just minutes from Route 21, this Saltbox Colonial is nestled on 1.05 acres of serenity. This well loved home boasts Wide Plank Pine Flooring throughout, Main level offers a Versatile Layout with a Front to Back Living room with Fireplace and a Formal Dining room that could easily be converted to be a third Bedroom or office, Spacious Eat-In Kitchen and heated Sitting Room. Upper level offers Two Bedrooms with Generous Closets and a Full Bathroom. Outdoor Living includes access from Living room sliders or Sitting room to the Private Backyard, Deck with awning overlooking the grounds and the Esther Williams In-ground Swimming Pool! Easy to show!
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| Oct 14, 2022 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 6, 2022 | Price Decreased |
$339,000
↓ $3K
(0.9%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017