16-L 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 |
|---|---|---|---|
| May 11, 2021 | Sold | ||
| Sold | |||
| Feb 11, 2021 | Listed by RE/MAX Town & Country | $250,000 | |
| Listed by RE/MAX Town & Country | |||
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Charming 3 bedroom ranch in the Wallkill School District is a great value for a Do-It-Yourselfer, investor or builder. Home sits nicely on 1 acre with option to purchase additional 2.8 acres (see MLS# 6095443) which could potentially add 2-3 additional building lots. Several recent upgrades to roof, siding & windows. Beautiful hardwood floors, full basement, and inground pool (needs repair). 20 Minutes to Beacon Train station. Cash or Renovation Loan only. Sold As Is. Make this gem your dream home today!
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| Sep 18, 2012 | Sold | ||
| Sold | |||
| Jun 13, 2012 | Listed by RE/MAX Town & Country | $229,900 | |
| Listed by RE/MAX Town & Country | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017