231 FORREST DR
About This Property
Bedrooms: 4 spacious bedrooms providing ample space for family and guests.
Bathrooms: 1.5 baths, including an updated powder room on the 1st floor.
Roof: Approximately 5 years old.
Water Heater: Only 2 years old, offering reliable hot water for years to come.
Flooring: Hardwood floors throughout the home, with the exception of the cozy family room.
Basement: Recently installed French drain with a lifetime transferable warranty, providing a dry and secure basement space.
The home is located in a friendly and well-established neighborhood.
The spacious layout is ideal for both everyday living and hosting gatherings.
Enjoy peace of mind with the lifetime transferable warranty on the French drain, a significant investment in the home's maintenance.
This split-level gem in Wedgewood Development is ready to welcome its new owners.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Jul 17, 2024 | In contract | - | |
| In contract | |||
| Jun 5, 2024 | Listed by Century 21 Rauh & Johns | $389,900 | |
| Listed by Century 21 Rauh & Johns | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017