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26 Forest Ave Extension
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 |
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| Jun 26, 2026 | Sold | ||
| Sold | |||
| Apr 13, 2026 | In contract | - | |
| In contract | |||
| Apr 7, 2026 | Listed by Gibson Sotheby's International Realty | $1,575,000 | |
| Listed by Gibson Sotheby's International Realty | |||
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Situated on over a half acre of land and in one of the most desirable neighborhoods of Swampscott, this is a unique opportunity to own this property. There are only eight houses on the dead-end side of Forest Avenue with the Stanley Elementary School and the 7.3 acre Ewing Woods Conservation area at the end. The property is wooded with an open and large backyard. The ten room house offers 3,772 sf of living space on two levels plus finished rooms in the lower level. The foyer is two stories high and cascades the home with natural sunlight. The living room has a vaulted ceiling and features a large fireplace. The eat-in kitchen is spacious and has a large foot atrium to allow more natural light into the house. There is a formal dining room. Completing the first floor are two family rooms with a double fireplace. The second floor offers four bedrooms including a spacious en-suite with large walk-in closet. The lower level has a family room, exercise room, bonus room and bath.
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| Jul 14, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 2, 2025 | Listed | $1,699,000 | |
| Listed | |||
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Unique opportunity to own a property with over a half acre of land in one of the most desirable areas of Swampscott! Private and serene! There are only eight houses on this dead-end side of Forest Avenue. The property is wooded with an open and large backyard. The ten room home offers 3,772 square feet of living space on two levels plus nearly 2,000 sf in the basement. The foyer is two stories high and cascades the home with natural sunlight. The living room has a vaulted ceiling and features a large fireplace. The eat-in kitchen is spacious and has a 6 x 7 foot atrium to allow more natural light into the house. There is a formal dining room. Completing the first floor are two family rooms with a double fireplace.The second level offers four bedrooms including a spacious en-suite with large walk-in closet. The lower level has a family room, exercise room and two bonus rooms. At the end of the street is the new Stanley Elementary School and the 7.3 acre Ewing Woods conservation area.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017