1634 Forest Way
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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 |
|---|---|---|---|
| Sep 6, 2024 | Sold | ||
| Sold | |||
| Aug 11, 2024 | In contract | - | |
| In contract | |||
| Jun 3, 2024 | Listed by Berkshire Hathaway HomeServices California Properties | $4,495,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
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Spectacular ocean and whitewater views provide a priceless backdrop from this extraordinary gem in the heart of Olde Del Mar! Nestled on an expansive 15,000+ square foot parcel, this enchanting mid-century modern home is enveloped by majestic landscaping and manicured gardens. A long driveway and gated front yard lead you inside, where warm wood floors guide you through a light-filled interior including 3 bedrooms, 2 updated baths, and a remodeled, eat-in kitchen. The inviting living areas feature a fireplace, walls of windows, and stackable glass doors opening onto a spacious viewing deck, perfect for soaking in the coastal scenery. This rare offering is ready for you to move in and enjoy as-is, or remodel and expand to create your dream home. Ideally situated in the quaint seaside town of Del Mar, its proximity to the Village offers convenient access to a wide array of local boutiques and eateries, beautiful beaches, and charming cafes. The possibilities are limitless!
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| Oct 11, 2013 | Sold | ||
| Sold | |||
| Apr 21, 2013 | Listed by Dream Properties | $2,089,000 | |
| Listed by Dream Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017