233 Forest Hill Drive
About This Property
Spring has sprung and it's the perfect time to take on your next exciting project!
Welcome to this spacious 4-bedroom, 2-bath home in Kingston, offering over 2,900 square feet of opportunity with breathtaking views and endless possibilities. The exterior has already been thoughtfully updated with new siding, a new roof, and new decks, while many major interior systems - including electrical, plumbing, and HVAC have been upgraded as well. Inside, the home offers a fresh, clean slate ready for your personal design and finishing touches. Generous room sizes and a unique layout provide the perfect foundation for a variety of visions - whether you're dreaming of a modern open-concept renovation, warm and defined living spaces, or a completely customized layout. One of the standout features is the stunning second-floor artist's loft, complete with a two-tier deck and incredible views an inspiring space for creativity, relaxation, or entertaining. With significant improvements already completed, the groundwork is set for a buyer to step in and bring this home to its full potential. A rare opportunity to create something truly special. Cash or rehab loans only.
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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 |
|---|---|---|---|
| Mar 11, 2026 | Listed by KW MidHudson | $425,000 | |
| Listed by KW MidHudson | |||
| Jan 29, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Dec 5, 2025 | Listed by KW MidHudson | $450,000 | |
| Listed by KW MidHudson | |||
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CALLING ALL INVESTORS, CONTRACTORS, AND BUYERS WITH A VISION!
Welcome to this spacious 4-bedroom, 2-bath home in Kingston, offering over 2,900 sq. ft. of potential with breathtaking views and endless possibilities. The exterior has been thoughtfully updated with new siding, roof, and decks, while many interior upgrades—including electrical, plumbing, and HVAC—have already been completed. This property provides a fresh, clean slate ready for your personal design. Stunning views from second floor artist's loft with two tier deck! Whether you envision a modern open-concept layout, prefer warm and defined living spaces, or want to fully customize every detail, this home is the perfect canvas. With generous room sizes, a unique layout, and major improvements already in place, the groundwork is set for your dream transformation. Don’t miss this rare opportunity to bring your ideas to life in a home poised for its next chapter. Cash or rehab loans only.
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| Apr 18, 2024 | Sold | ||
| Sold | |||
| Mar 4, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017