1656 Forane
About This Property
Ideally located near parks, schools, and dining, this beautifully updated home offers modern comfort and style throughout. The home has undergone an extensive remodel with too many upgrades to list-highlights include a brand-new roof, new Roman grid windows, a fully remodeled kitchen with sleek, modern appliances, and central A/C for year-round comfort. Move-in ready and perfectly situated-this is a rare opportunity you don't want to miss. Schedule your showing today!
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Cap Rate Calculator
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 5, 2026 | Sold | ||
| Sold | |||
| Mar 27, 2026 | In contract | - | |
| In contract | |||
| Mar 14, 2026 | Price Decreased |
$319,000
↓ $10K
(3%) | |
| Price Decreased | |||
| Feb 27, 2026 | Listed by eXp Realty of Southern CA Inc. | $329,000 | |
| Listed by eXp Realty of Southern CA Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017