1628 Forest Avenue
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 |
|---|---|---|---|
| Oct 6, 2022 | No longer available | - | |
| No longer available | |||
| Aug 18, 2022 | In contract | - | |
| In contract | |||
| Aug 14, 2022 | No longer available | - | |
| No longer available | |||
| Jul 31, 2022 | Price Decreased |
$1,249,998
↓ $50K
(3.9%) | |
| Price Decreased | |||
| Jun 30, 2022 | Listed by Redfin Corporation | $1,299,998 | |
| Listed by Redfin Corporation | |||
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CUSTOM BUILT NORTH ARROYO BUNGALOW! This stunning 2017 built property was designed with a mid-century modern style. Sleek, clean lines and an abundance of natural light create a bright and open space. The well appointed kitchen was designed for functionality as well as aesthetic appeal. The many windows of this home are adorned with custom plantation shutters, and recessed lighting runs throughout the dwelling. Contemporary wood style flooring compliments the dazzlingly, white walls which are framed with gray moldings. Reclaimed wood has been used as an accent in the dining area, and a stunning glass chandelier provides just enough glam to finish off this space. Three over-sized bedrooms include a primary room with on-suite bath and a large walk-in closet. The primary bath offers a large soaking tub and a beautifully designed shower. A laundry closet is located next to the primary bedroom allowing for a stackable washer and dryer. When you enter the outdoor areas of this property, you will find a lush and inviting space. The detached garage has an opaque door that adds to the exterior charm, and a long driveway has been gated and is enhanced with lovely concrete pavers. Not a single inch of this magnificent property was left undone. Enjoy the style of a bygone era with the convenience of a modern build. Conveniently located close to freeways, Old Town Pasadena, Brookside Golf Club, the world-famous Rose Bowl, and the Aquatic Center-- And, just a short commute to Downtown Los Angeles. Come see if this amazing offering could be the next place that you call HOME! The manager has listed the unit size as 1567 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017