16 Forest Rd
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 |
|---|---|---|---|
| Jun 2, 2026 | Sold | ||
| Sold | |||
| May 4, 2026 | In contract | - | |
| In contract | |||
| Apr 28, 2026 | Listed by Insight Realty Group, Inc. | $1,479,000 | |
| Listed by Insight Realty Group, Inc. | |||
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Located steps from vibrant Islington Sq. this newer construction Colonial blends timeless curb appeal with modern luxury on a desirable corner lot. Enter the foyer/living room which seamlessly flows into the thoughtfully designed kitchen complete with quartz counters, s/s appliances, handcrafted cabinetry, and an open design layout ideal for entertaining. The kitchen overlooks a spacious dining area and a stunning vaulted family room anchored by a fireplace. A private home office, stylish powder room, solid oak flooring, and direct access to the deck provides easy indoor/outdoor living.The upper level showcases a primary suite featuring a W/I closet and spa-inspired bath with dbl vanity and glass-enclosed shower. Three additional generously sized bedrooms offer generous closet space and are complemented by a stylish full bath. The finished lower level offers expansive flex space, a custom laundry room, dedicated storage area and an impressive wine room designed for the avid collector.
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| Jan 2, 2018 | Sold | ||
| Sold | |||
| Oct 11, 2017 | Listed by Landmark Residential, Inc. | $1,050,000 | |
| Listed by Landmark Residential, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017