35
Map
20 Forest Avenue
About This Property
The enclosed front porch extends the living space from spring through fall and provides convenient storage during the winter. Outside, enjoy a fully fenced backyard complete with a patio and pergola--an ideal setting for relaxing, gardening, or gathering with friends. A walk-up attic offers easy-access storage, and the home's walkable location puts neighborhood restaurants, shops, and local favorites just a short stroll away.
Behind the scenes, you'll find numerous significant updates that provide peace of mind, including a roof less than 10 years old, replacement windows, a new electrical service and panel (2019), conversion from oil to a high-efficiency condensing natural gas boiler (2019), new gutters (2022), and an energy-efficient heat pump water heater (2022).
If you're looking for a home with classic Albany character, modern efficiency, and a location that lets you enjoy everything the neighborhood has to offer, this one is not to be missed.
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Cap Rate Calculator
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 16, 2026 | Sold | ||
| Sold | |||
| Aug 14, 2026 | In contract | - | |
| In contract | |||
| Aug 11, 2026 | Price Decreased |
$289,900
↓ $10K
(3.3%) | |
| Price Decreased | |||
| Jul 30, 2026 | Listed by McSharry and Associates Realty LLC | $299,900 | |
| Listed by McSharry and Associates Realty LLC | |||
| Feb 5, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017