172 Forest Road
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 |
|---|---|---|---|
| Jun 7, 2024 | Sold | ||
| Sold | |||
| May 1, 2024 | In contract | - | |
| In contract | |||
| Apr 21, 2024 | Listed by EXP Realty | $310,000 | |
| Listed by EXP Realty | |||
| Jul 8, 2022 | Sold | ||
| Sold | |||
| May 25, 2022 | Listed by Keller Williams Realty-Metropolitan | $285,000 | |
| Listed by Keller Williams Realty-Metropolitan | |||
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Welcome home! This New Englander style home has been fully renovated and is move in ready! Don't let the tax card fool you, 3 bedrooms, 2 bathrooms,1580 sq feet and an extensive list of improvements. New siding, new roof, new manufactured hardwood floors throughout, new windows and doors. All new plumbing, all new electrical, increased insulation, new heating systems with on demand domestic hot water. Kitchen updates include granite countertops and island, stainless steel appliances, hardwood cabinets and extra features like the wine cooler in the island, pot filler faucet over the range and exposed original beam accents. First floor master bedroom with walk in closet and bathroom access. Bathroom features a double sink, soapstone countertops and rainfall shower head. Upstairs has full bathroom, 2 bedrooms and laundry hookups. Outside offers a large yard area, 3 season porch on the front of the house and new covered porch off the kitchen highlighting reclaimed beams original to the house. Barn has not been updated and likely needs foundation and roof work. Barn removal is negotiable.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017