22 Forest Ridge Road
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 |
|---|---|---|---|
| May 16, 2017 | Sold | ||
| Sold | |||
| Apr 25, 2016 | Listed by Gibson Sotheby's International Realty | $1,698,000 | |
| Listed by Gibson Sotheby's International Realty | |||
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NEW CONSTRUCTION ready for occupancy. This energy star certified home features high end finishes and an open floor plan for today's lifestyle. The foyer with wainscoting trim opens to the living and dining rooms, with a hallway to the spacious kitchen and breakfast room. The spectacular kitchen has a large marble topped island with wine refrigerator as well as custom cabinets, farmers sink and stainless steel appliances. The family room has a beamed ceiling and gas fireplace as well as an exit to the low maintenance deck. A mudroom with built-ins is conveniently located off the garage and is adjacent to a study with views of property. On the second level is the master bedroom with three closets and private bath. Also on this level are three additional bedrooms two of which share a bathroom plus another full bath and a laundry area. The finished, walk out lower level has a play area, full bath and fabulous kitchenette. Conveniently located near shopping and commuter rail.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017