18353 Forest Beach Drive
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 |
|---|---|---|---|
| Sep 11, 2026 | Price Decreased |
$2,250,000
↓ $275K
(10.9%) | |
| Price Decreased | |||
| Jun 8, 2026 | Listed by @properties Christie's International R.E. | $2,525,000 | |
| Listed by @properties Christie's International R.E. | |||
| Feb 5, 2021 | Sold | ||
| Sold | |||
| Nov 5, 2020 | Listed by @properties Christie's International R.E. | $1,750,000 | |
| Listed by @properties Christie's International R.E. | |||
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Beautiful custom built one owner home surrounded in lush park like setting. This Traditional style home is open concept with vaulted ceilings, & beautiful hardwood floors. Living room with gas fireplace, arched windows & with open floor plan that flows to dining area. This well-appointed home has over 6,300 sf, 6 bedrooms & 5 full baths. Gourmet kitchen with custom cabinetry, quartz counters & stainless steel appliances. Gorgeous master suite with well-appointed bath; 3 additional bedrooms upstairs. Large paver patio perfect for relaxing in the professionally landscaped backyard, complete with pond & waterfall. Plenty of greenspace with the adjacent lot included giving you ample room for your own private pool. Perfectly situated in the gated community of Forest Beach Estates with private beach, tennis, basketball courts & outdoor pool.
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| Oct 15, 1992 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017