23 Fordway 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%.
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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 25, 2023 | Sold | ||
| Sold | |||
| May 15, 2023 | Listed by New Space Real Estate, LLC | $449,900 | |
| Listed by New Space Real Estate, LLC | |||
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Welcome to 23 Fordway Road! This well maintained, 3 bedroom, 2 bathroom home sits on a private 2 acre lot. Plenty of room for outdoor play with a well landscaped yard, beautiful flowers and apple trees. The exterior has all new deck, windows, metal roof and vinyl siding. The first floor offers one bedroom, a large kitchen that opens up to a dining area, a half bath and a screened in porch off the back. Exposed beams, a cozy fireplace and central air conditioning will make you feel right at home. Upstairs are two bedrooms, with a full bathroom and an open concept hallway over looking the living room. The basement is unfinished and provides additional space with many options. Conveniently located in a quiet neighborhood, just a few minutes off of route 101 and an ideal commuting location to Manchester, Concord, The Seacoast and Massachusetts. Showings start immediately. Open House Tuesday 5:00-6:30 and Saturday 10:00-12:00. Saturday Open House has been cancelled.
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| Sep 7, 2016 | Sold | ||
| Sold | |||
| Jun 30, 2016 | Listed by Riverbend Realty Group | $251,900 | |
| Listed by Riverbend Realty Group | |||
| Mar 18, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017