228 Forest Ave
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 |
|---|---|---|---|
| Oct 21, 2015 | Sold | ||
| Sold | |||
| Aug 15, 2015 | Listed by RE/MAX Town & Country | $168,900 | |
| Listed by RE/MAX Town & Country | |||
| Apr 2, 2008 | Sold | ||
| Sold | |||
| Sep 29, 2005 | Sold | ||
| Sold | |||
| May 4, 2005 | Listed | $284,900 | |
| Listed | |||
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JUST REDUCED FOR QUICK SALE!! SELLERS RELOCATING AND MUST SACRIFICE THIS SOLID CAPE! GREAT OPPORTUNITY FOR HOME OWNERSHIP & LESS THAN MOST CONDOS WITHOUT THE FEE!! UPDATES INCLUDE NEW VINYL REPLACEMENT WINDOWS* NEW ROOF (1 LAYER)* NEWER APPLIANCES* WASHER,DRYER STAY 1YR* 3 WINDOW AIR CONDITIONERS* QUIET DEAD END STREET* HARDWOOD FLOORS* ENCLOSED PORCH OFF KITCHEN* FENCED YARD* FAMILY ROOM IN BASEMENT* DON'T WAIT!! SELLERS WILL CONSIDER ALL REASONABLE OFFERS!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017