189 Forest Avenue #215
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 28, 2024 | Sold | ||
| Sold | |||
| Apr 30, 2024 | In contract | - | |
| In contract | |||
| Apr 1, 2024 | Listed by RE/MAX Signature Homes | $265,000 | |
| Listed by RE/MAX Signature Homes | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/03/2025
|
1 Bed
|
1 Bath
|
-
|
$285,000
1 Bed
1 Bath
|
$285,000
01/03/2025
|
Linda Amabile
RE/MAX Signature Homes
| |
|
07/08/2024
|
2 Bed
|
2 Bath
|
-
|
$369,000
2 Bed
2 Bath
|
$374,000
+1.36%
10/28/2024
|
Erin Pruitt
Compass New Jersey, LLC
| |
|
04/03/2024
|
2 Bed
|
2 Bath
|
-
|
$349,000
2 Bed
2 Bath
|
$349,000
06/21/2024
|
James Arakelian
RE/MAX Real Estate Limited
| |
|
04/01/2024
|
1 Bed
|
1 Bath
|
-
|
$265,000
1 Bed
1 Bath
|
$275,000
+3.77%
06/28/2024
|
Linda Amabile
RE/MAX Signature Homes
| |
|
04/11/2023
|
2 Bed
|
2 Bath
|
-
|
$349,900
2 Bed
2 Bath
|
$332,000
-5.12%
01/04/2024
|
Linda Amabile
RE/MAX Signature Homes
| |
|
04/05/2023
|
1 Bed
|
1 Bath
|
-
|
$280,000
1 Bed
1 Bath
|
$230,000
-17.86%
09/27/2023
|
Linda Amabile
RE/MAX Signature Homes
| |
|
11/20/2022
|
2 Bed
|
1 Bath
|
-
|
$329,900
2 Bed
1 Bath
|
$320,000
-3.00%
10/27/2023
|
Brenda Richards
Howard Hanna Rand Realty, Old Tappan
| |
|
08/22/2022
|
1 Bed
|
1 Bath
|
769 ft²
|
$260,000
1 Bed
1 Bath
769 ft²
|
-
-
|
Linda Amabile
RE/MAX Signature Homes
| |
|
05/16/2022
|
2 Bed
|
1 Bath
|
1130 ft²
|
$339,900
2 Bed
1 Bath
1130 ft²
|
-
-
|
Linda Amabile
RE/MAX Signature Homes
| |
|
04/11/2022
|
Loft
|
2 Bath
|
1042 ft²
|
$321,000
Loft
2 Bath
1042 ft²
|
-
-
|
Donna Nicolich
Keller Williams Valley Realty
| |
|
02/08/2022
|
Loft
|
2 Bath
|
1042 ft²
|
$329,000
Loft
2 Bath
1042 ft²
|
-
-
|
Olinda Sturm
Keller Williams Valley Realty
| |
|
11/30/-0001
|
2 Bed
|
2 Bath
|
-
|
$335,000
2 Bed
2 Bath
|
$327,500
-2.24%
12/21/2022
|
KELLY LACAST
COLDWELL BANKER REALTY
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017