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2421 FOREST GREEN ROAD
About This Property
The full basement expands the living space with an additional bedroom/office, full bathroom, spacious recreation room, ample storage, and walkout access to the backyard-perfect for guests, a home office, or additional living space.
Outside, enjoy a flat, fully fenced backyard with plenty of room to relax, entertain, or play. A private driveway provides convenient off-street parking. Move-in ready and waiting for its new owner!
The oven will be replaced with a stainless steel model. Photos have been edited to reflect this update; however, the actual replacement oven may differ from the one shown.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017