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216 Forest St
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 |
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| Aug 15, 2025 | Sold | ||
| Sold | |||
| Jun 24, 2025 | In contract | - | |
| In contract | |||
| Jun 23, 2025 | Listed by Coldwell Banker Realty - Norwell - Hanover Regional Office | $1,175,000 | |
| Listed by Coldwell Banker Realty - Norwell - Hanover Regional Office | |||
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Tucked off a scenic country road with sidewalks to Gaffield Park, Norwell’s town center, and schools, this beautifully renovated 4BR, 2.5BA Cape offers the perfect blend of warmth, charm, and connection to nature. A welcoming farmer’s porch leads to sunlit spaces, including an updated kitchen with granite countertops and stainless appliances. The flexible layout includes a first-floor office/bedroom and a serene primary suite above the family room. A second-floor laundry room adds ease. The renovated screened porch invites you to unwind and take in the peaceful, nearly 3-acre lot—complete with expansive, flat backyard, stone patio, walkways, fenced garden, and shed. Thoughtful landscaping, granite steps, stone walls, and fresh plantings enhance the setting. Extras include new AC, whole-house generator, irrigation, 2-car garage with mudroom, built-ins, new roof, windows, gutters, and more. A special home in a coveted walkable location in sought after Norwell. Welcome home!
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| Apr 30, 2012 | Sold | ||
| Sold | |||
| Mar 4, 2012 | Listed by Success! Real Estate | $534,900 | |
| Listed by Success! Real Estate | |||
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Welcome to YOUR new home. Tucked down a paved drive, 4 bedroom, 2.5 bath renovated cape with columned farmer's porch and new roof. New light cherry kitchen, granite counters, stainless appliances. Master bedroom/ master bath over familyroom is a new addition. The floor plan is perfect for gatherings, entertaining. Screened porch extends living space to the outdoors, flat yard. 2.82 acres provides wooded privacy. Plenty of storage,closet space. Note: land goes about 800-900 ft back from street.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017