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2418 FOREST GLEN ROAD
About This Property
Step inside to discover a bright and airy main level highlighted by gorgeous hardwood floors. The living room boasts a dramatic floor-to-ceiling brick wall complete with a cozy fireplace insert.
The Kitchen includes a convenient breakfast bar countertop providing casual seating for morning coffee or a perfect spot for guests to chat while you prep meals. Just off the kitchen, retreat to a stunning sunroom or secondary living space, where elegant French doors look out over the massive, tree-lined backyard to offer a peaceful sanctuary at the end of the day.
Recent upgrades include a brand-new HVAC system installed in 2025, a fully replaced TPU roof on the flat section in 2024, a brand-new hot water heater in 2024, and a professionally installed sump pump and French drain system from 2022. Outside, the sprawling half-acre lot provides a rare blank canvas for outdoor living, whether you dream of cultivating an expansive garden, hosting massive summer barbecues, or simply enjoying the peaceful tranquility. Don't miss the chance to own this exquisitely updated gem in a prime, highly accessible location-schedule your tour today!
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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.
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About Forest Glen
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$6,500 /mo
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$7,250 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017