271 Forest Lane
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 |
|---|---|---|---|
| Apr 10, 2023 | Sold | ||
| Sold | |||
| Jan 29, 2023 | Listed by RE/MAX Lake Livingston | $315,000 | |
| Listed by RE/MAX Lake Livingston | |||
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Unrestricted! Great Location! 3 Bedroom 2 Full Bathrooms with lots of natural light situated on 2 acres, fully fenced with privacy all the way around. The kitchen area adjoins the dining area and flows through to the spacious home with 16' vaulted ceilings in living area. Laminated floors, granite counter tops. Open concept all through the house. Oversized detached garage is completely finished with plumbing, two window unites, cable and finished walls, could be mother-in-law suite, man cave, covered back breezeway could be enclosed for screened-in- porch, Electrical weatherproof boxes and wiring in front of the porch. Detached vehicle carport made out of Red Oxide Primed square tubing with metal roof, Outdoor security light fixtures and Gutters around the home. Quiet neighborhood near Oakhurst High School and downtown Coldspring just minutes to Lake Livingston dam and Lake Livingston for great fishing. LOW taxes and NO RESTRICTIONS.
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| Dec 18, 2020 | Sold | ||
| Sold | |||
| Oct 16, 2020 | Listed by St. John Premier Properties | $254,000 | |
| Listed by St. John Premier Properties | |||
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Gorgeous unrestricted home and land, 2 acres with privacy all the way around. Newer construction, built in 2017, pretty home sits on elevated section with beautiful views of Mulberry trees and open land. Newly painted interior, new laminate floors, kitchen cabinets and granite counters. Spacious home with 16' vaulted ceiling in living area, 3 bedrooms and two full baths, large dinning area, large laundry room, 35 year architecture shingled roof, radiant barrier, E-wrapped Hardi plank siding. Home is constructed with 2x12's and Truss rafters, 4 ton Maytag AC unit, over sized detached garage is completely finished with plumbing, ac, cable and finished walls, could be mother-in-law suite, man cave or office, covered back breezeway could be enclosed for screened-in porch, detached vehicle carport with metal roof. Beautiful country living, yet close to all amenities.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017