25
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25 Forrest Drive
About This Property
The glass-walled foyer welcomes you inside, offering tranquil views of the property and filling the home with natural light. Expansive picture windows throughout the main level create bright, inviting spaces while showcasing the surrounding scenery.
The thoughtfully designed floor plan features a spacious primary suite on the main level, a gourmet kitchen complete with a brick oven, stainless steel appliances, and a generous walk-in pantry. The 19' x 30' living room with tray ceiling and fireplace is ideal for entertaining. A charming greenhouse offers the perfect retreat for gardening enthusiasts or year-round enjoyment.
Located within the coveted Lloyd Neck Estates community with private Sound-front beach and access to dock on Lloyd Harbor (dues). Resident can also enjoy Lloyd Harbor Beach which includes summer camp, tennis courts and playground (fee). Enjoy nature at nearby Caumsett State Historic Park Preserve and Target Rock National Wildlife Refuge.
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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 |
|---|---|---|---|
| Sep 4, 2026 | In contract | - | |
| In contract | |||
| Jul 20, 2026 | Listed by Serhant East End LLC | $1,530,500 | |
| Listed by Serhant East End LLC | |||
| Dec 1, 2020 | No longer available | - | |
| No longer available | |||
| Nov 8, 2020 | Relisted | $1,250,000 | |
| Relisted | |||
| Nov 6, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017