2500 Forest Lake
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 |
|---|---|---|---|
| Oct 17, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $250,000 | |
| Listed | |||
| | |||
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Welcome to beautiful Lake Park 55+ community! This 2 bedroom, corner lot home is spacious and recently updated. Spread out approximately over 1650 square feet. This home has wood laminate in kitchen, halls and bedrooms. Both bathrooms have newer tile work on the floors and showers. Kitchen has been remodeled with gorgeous granite counter tops and newer cabinetry. Master bedroom has a large tub with stand alone shower. There is an atrium space located next to the kitchen and dining area, which is perfect for an at home office/computer area. The absolute best part about this home is the large backyard space! Great for entertaining with family and friends. This home has a great location in the community tucked in a quiet corner. This complex is well maintained with a community pool, Jacuzzi, clubhouse, and park events. Don't miss out on this opportunity! The manager has listed the unit size as 1650 square feet.
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| Aug 11, 2017 | Listed by Real Estate Establishment Inc. | $250,000 | |
| Listed by Real Estate Establishment Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017