23 Forest Lane
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 17, 2024 | Sold | ||
| Sold | |||
| Apr 18, 2024 | Listed by Coldwell Banker Realty - Manchester | $1,399,000 | |
| Listed by Coldwell Banker Realty - Manchester | |||
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This wonderful offering is sited at the end of a country lane abutting conservation land yet featuring easy access to Rte. 128. This expanded cape offers a spacious interior which includes an open concept kitchen/dining area with a fireplace and an adjoining large family room with another propane fireplace. This home features the coveted first floor master suite plus three bedrooms and an office on the second level. Most of the basement is finished providing room for recreation and hobbies. Additionally, there is storage space and room to drop off outside gear as one enters from the attached garage. The welcoming mahogany front porch overlooks a trail to conservation area. The level back yard offers a fire pit & much green space to host outdoor activities, garden, or just relax. This is a unique home in a seaside community which is well-known for its beautiful beaches, harbor, highly-ranked school district, trendy shops, restaurants and commuter rail. Showings begin immediately.
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| Apr 6, 2000 | Sold | ||
| Sold | |||
| Jun 9, 1999 | Listed by Coldwell Banker Realty - Manchester | $369,900 | |
| Listed by Coldwell Banker Realty - Manchester | |||
| Nov 14, 1996 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017