2838 Forest St
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 |
|---|---|---|---|
| Jun 20, 2025 | Sold | ||
| Sold | |||
| May 29, 2025 | In contract | - | |
| In contract | |||
| May 2, 2025 | Listed by MB Metro Brokers Realty Oasis | $888,888 | |
| Listed by MB Metro Brokers Realty Oasis | |||
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Architectural Icon in Park Hill | Bold Cubist-Inspired Mid-Century Modern Masterpiece. Discover a rare blend of art and architecture in this one-of-a-kind Park Hill residence - an early and striking example of Cubist-influenced Mid-Century Modern design. Clean lines, geometric form, and timeless style converge in a home that's both visionary and livable. Straddling an oversized, private lot framed by mature trees and lush perennial gardens, this property offers seamless indoor-outdoor living. Entertain or unwind on the elevated rooftop terrace, relax in the spa-style hot tub, or gather around the fire pit in the fully fenced backyard. A planting-ready vegetable garden adds to the lifestyle charm. Inside, two bright, spacious levels are complemented by a flexible three-room garden suite - perfect for guests, creative work, or multigenerational living. At the top, a crow's nest office/guest bedroom with private rooftop access inspires productivity with a view. Every detail has been considered: vintage architectural touches like glass handles and hardware honor the home's legacy, while fresh designer paint brings a clean, modern finish. Expanded closet space, a smart in-wall laundry chute, and Marvin wood windows throughout add both beauty and function. Rooftop deck with sunset views-Garden - level suite with flexible layout - Private backyard with hot tub, fire pit, gardens and Mature trees - Dedicated crow's nest office/Guest beedroom with rooftop access - Original Mid-Century details + modern updates - Marvin wood windows + window treatments - 40" 5 burner gas stove - Prime Park Hill location near parks, cafes, shops, and transit. This home is more than a residence - it's a statement. Bold. Artistic. Rare.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017