1611 FOREST DRIVE
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 |
|---|---|---|---|
| Apr 30, 2025 | Sold | ||
| Sold | |||
| Mar 26, 2025 | In contract | - | |
| In contract | |||
| Mar 18, 2025 | Listed | $335,000 | |
| Listed | |||
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Nestled in the desirable Forest Hills neighborhood of Williamstown, NJ, this beautiful split-level home offers modern comfort and endless possibilities. Step inside to discover a freshly modernized kitchen, complete with stylish finishes and recessed lighting that flows throughout the home. The remodeled full bathroom on the upper floor adds a touch of luxury. The spacious primary bedroom boasts dual closets, ensuring ample storage. All three bedrooms in this home are VERY spacious. A bonus room in the basement, along with a washer and dryer, adds convenience to daily living. On the lower level there is also a versatile unfinished space that can serve as a fourth bedroom, game/media room, or additional family living area after some easy finishes. Outside, enjoy the privacy of a gated backyard with a deck also featuring a large shed for extra storage. Energy-efficient solar panels help keep utility costs low, and we are offering a FREE year of a transferable home warranty to provide peace of mind for the new homeowner. Don’t miss the chance to make this stunning home your own!
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| May 31, 2023 | Sold | ||
| Sold | |||
| May 4, 2023 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017