23388 Forest Trail
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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 |
|---|---|---|---|
| Aug 4, 2023 | Sold | ||
| Sold | |||
| Jul 6, 2023 | Listed by LaRae Whorley Realty Group | $614,800 | |
| Listed by LaRae Whorley Realty Group | |||
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Modern farmhouse new construction, nestled on an over-sized 1+ acre corner lot, surrounded by lovely properties! This 1.5 story offers all rooms downstairs, w/ just the game room up. Large covered porches ~ 22x6 in the front and 20x8 in the back. Grand, open living areas feature a massive den w/ cathedral ceiling w/ wood beam, wood burning fireplace w/ custom built-ins on each side, dining room w/ step ceiling, entry also w/ step ceiling, generously sized island kitchen, & breakfast area. Kitchen boasts quartz counters, shaker style white cabinetry, & 12x4 walk-in pantry. Owner's retreat includes a large bedroom w/ step ceiling, locking barn door into bathroom which offers a huge shower, free-standing soaking tub, double vanities, & linen closet, w/ large closet offering well thought out space including built-in shelves. Large secondary bedrooms each offer large closets. Bonus room is upstairs & is a great flexible space. Vinyl plank & tile floors. Deed restricted community w/ no HOA.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017