2 Forest Hill 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 |
|---|---|---|---|
| Nov 14, 2025 | Sold | ||
| Sold | |||
| Oct 4, 2025 | In contract | - | |
| In contract | |||
| Sep 30, 2025 | Price Decreased |
$2,475,000
↓ $50K
(2%) | |
| Price Decreased | |||
| Sep 10, 2025 | Listed by Gibson Sotheby's International Realty | $2,525,000 | |
| Listed by Gibson Sotheby's International Realty | |||
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This extraordinary modern masterpiece is truly one-of-a-kind. Relish breathtaking vistas of rolling fields from multiple patios, an expansive deck, and walls of picture windows that flood the home with natural light. The exterior combines stone, mahogany, and cedar siding complemented by elegant landscaping including privacy grasses surrounding the recently added large saltwater pool. Inside, every detail—large and small—has been thoughtfully curated, from designer accent walls, soaring ceilings, architectural lighting, to Philippine mahogany floors. The open concept layout offers an inviting flow, anchored by a state-of-the-art designer kitchen with top-of-the-line appliances, a dramatic waterfall island, and sunlit breakfast area. With a 6-bedroom septic system, this sophisticated gem seamlessly integrates the indoors and out, delivering ultimate privacy, complete serenity, and luxury.
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| Apr 30, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017