19 Forrest Rd
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 |
|---|---|---|---|
| Oct 4, 2024 | Sold | ||
| Sold | |||
| Aug 28, 2024 | In contract | - | |
| In contract | |||
| Aug 21, 2024 | Listed by Keller Williams Realty Evolution | $715,000 | |
| Listed by Keller Williams Realty Evolution | |||
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Welcome to 19 Forrest Rd! This well kept home is ideally located on a quiet dead end street in lovely Topsfield. Don't be mistaken, this IS NOT your typical split level home. The current owners have done EXTENSIVE work during their ownership and it shows (ask to see the upgrade list!). Most recently, a new addition to the main living area that offers excellent flex space that opens nicely onto your composite deck overlooking the large backyard. The recent kitchen renovation is stunning and blends seamlessly into the main living room anchored by a charming wood burning fireplace. On the other side of the main level you will find 3 bedrooms and an updated full bath. Downstairs there is a semi finished family room that can be used for a myriad of uses. Arguably, the best part of this house is the HUGE 600 sq ft barn currently used as a woodworking space but the possibilities are endless. Home office? Gym? ADU? She shed? This is a home that needs to be seen to be appreciated!
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| Jun 10, 2010 | Sold | ||
| Sold | |||
| Apr 6, 2010 | Listed by Keller Williams Realty Evolution | $359,000 | |
| Listed by Keller Williams Realty Evolution | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017