17 Forest St
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 |
|---|---|---|---|
| May 9, 2025 | Sold | ||
| Sold | |||
| Apr 9, 2025 | In contract | - | |
| In contract | |||
| Apr 1, 2025 | Listed | $699,900 | |
| Listed | |||
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3 bdrm Melrose Cape offering a nice blend of classic charm & modern convenience, boasting 1757 Sq.ft. of versatile living space. Deceiving from the outside, be surprised!...as this home has a spacious layout, featuring 8 well-appointed rms designed to accommodate all your needs. Enter through the bright mudroom & step into the updated kitchen... the heart of the home, offering a big island, lots of cabinets, granite countertops & stainless & opening to the adjacent dining area (currently being used a family room), perfect for gatherings & entertaining guests. The primary bdrm & a full bath are also on the 1st level, a bonus for those who may not want stairs. A big living room w/picture window & another rm used as an in-home office round out this level!! Upstairs offers 2 more cozy bdrms & full bath! Outside, enjoy the patio, parking for 4 cars & small yard for entertaining, pets & play. Convenient commute to Boston as the MBTA bus is steps away & Orange Line is nearby. Not a drive by
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| Apr 19, 2016 | Sold | ||
| Sold | |||
| Nov 20, 2015 | Listed by Rose Real Estate | $455,000 | |
| Listed by Rose Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017