23 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 |
|---|---|---|---|
| Feb 27, 2025 | Sold | ||
| Sold | |||
| Oct 8, 2024 | In contract | - | |
| In contract | |||
| Mar 7, 2024 | Listed by Coldwell Banker Realty - Newton | $6,795,000 | |
| Listed by Coldwell Banker Realty - Newton | |||
| May 19, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Apr 13, 2023 | Listed by Coldwell Banker Realty - Newton | $6,795,000 | |
| Listed by Coldwell Banker Realty - Newton | |||
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This beautiful architecturally designed home in West Newton Hill with wrap around porch sits on over a half acre of level land. This expansive almost nine thousand square foot home features beautiful millwork throughout and a very thoughtfully designed first floor which opens out to a southwest facing level yard. Large mudroom with side entry or direct from the three car garage. Two staircases bring you to the second floor which has five en-suite bedrooms and large laundry. Off of the second floor is a large conditioned unfinished walk-up space great for storage and other potential uses. Saving the best feature for last is the amazing lower level that can be accessed from the mudroom or its own entry to this amazing 1,500 square foot indoor sports/basketball court with 20-foot ceilings. Ideally located just a minute to the Mass Pike and central to the shops, restaurants and train in West Newton Square and Newtonville. Come see everything this home has to offer!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017