1802 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 25, 2024 | Sold | ||
| Sold | |||
| May 30, 2024 | Listed by Inhabit Real Estate | $335,000 | |
| Listed by Inhabit Real Estate | |||
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Hang your hat and cool off from the thick air this summer inside this cooool 1940s cottage! Sit back and sip iced tea on the rocking chair front porch. (If cold brew is more your speed the neighborhood coffee shop is just a short stroll away!) This absolute gem is on a dead end road, nestled just 7 minutes away from downtown Durham. Full of historic charm, with gleaming original hardwoods throughout, original moldings, and natural light that will make any plant lover squeal! A truly refreshing feel with new paint, recently updated spacious bathroom, and tasteful fixtures. Replacement windows and regularly maintained HVAC help keep those AC bills low! Large living and dining space and ample bedroom sizes. You'll love spending time in the kitchen, that's pretty as a peach! Side door opens into private, fenced back yard with flowering native plants. Have your pick of summer's sweetness from the beautiful garden beds and productive fig tree. Huge basement workshop/studio is partially heated and cooled, gets good light, and has access to the back yard. Enjoy a carless lifestyle - grocery stores, coffee shops, and parks are all walkable within a mile! New roof in 2022, warrantied structural work in 2017, low maintenance vinyl and brick siding, and dry walk in basement storage. Don't linger on this cutie because she'll be gone before the cows come home!
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| Sep 21, 2017 | Sold | ||
| Sold | |||
| Aug 3, 2017 | Listed by New Durham Realty | $175,000 | |
| Listed by New Durham Realty | |||
| May 6, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017