25 Forest Edge Drive
About This Property
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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 |
|---|---|---|---|
| Nov 15, 2016 | Sold | ||
| Sold | |||
| Aug 1, 2016 | Listed by Weichert Realtors - Forked River | $385,000 | |
| Listed by Weichert Realtors - Forked River | |||
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Welcome Home To this relaxing and bright Expanded Ranch. This home is situated on over an acre of secluded property in the much desired neighborhood of Nugentown. Four bedrooms and three baths are just the start. Walk in the double front doors to a beautiful open floor plan. Eight sliding glass doors offer views of the back yard and pool area. The living rooms focal point is a corner gas fireplace ready to warm your toes on cool evenings. The eat in kitchen has hardwood floors, a full appliance package and counter bar for casual dinning a pantry and mud room finish off this space. A formal dinning room is off the kitchen. Relax in the hot tub in the Florida room there's enough room for twelve and the room adds space and views to the already spacious home. The Master Suite sliders open to the hot tub and pool area. The Master Bath features a tub and shower. Large walk in closet finishes this space. All the bedrooms are spacious have high end carpeting. The 4th bedroom can be an in,law suite with it's own bath or a great private office space All the bedrooms are spacious have high end carpeting. The 4th bedroom can be an in law suite with it's own bath or a great private office space. Relax by the pool in the Spa like out door living space pool has and new liner, heater and pump. You'll never be in the dark this home has a gas operated whole house generator in the case of an emergency. With all this home has to offer you will not be disappointed. All this and located close to area parks, bay beaches and the Parkway for easy commuting if need be. Don't miss this Gorgeous Home it is sure to please the fussiest buyers.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017