223 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 |
|---|---|---|---|
| Jul 11, 2024 | Sold | ||
| Sold | |||
| May 30, 2024 | Listed by Joe Bean Real Estate | $689,900 | |
| Listed by Joe Bean Real Estate | |||
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Amazing Birch Meadow location for this meticulously maintained 3 bedroom, 2 full bath ranch. 1 car heated garage with automatic door and epoxy floor. Large back yard for entertaining. Oak hardwood floors. Updated full bath with glass shower door, rain head, recessed lights and ceramic tile. Fireplace insert in living room. Lower level FR w/ full bath (great for home office). Many updated insulated windows. Walk up attic to a huge storage space. Natural gas Burnham 3 zone boiler (2003) . Energy efficient ductless mini splits (2018) for cooling and heat on both levels. Architectural shingled roof (2012, single layer). 200 amp circuit breakers. Indirect stainless steel hot water booster tank. Near YMCA with childcare, fitness and indoor pools. One block to all 3 schools including Birch Meadow Elementary, Coolidge Middle and Reading Memorial High School. Camp Rice Moody. ball fields, sports courts, out door lighted skating and playgrounds.
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| Jan 9, 1998 | Sold | ||
| Sold | |||
| Dec 1, 1997 | Listed by Joe Bean Real Estate | $169,900 | |
| Listed by Joe Bean Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017