293 Forest Ave
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 8, 2024 | Sold | ||
| Sold | |||
| Mar 13, 2024 | In contract | - | |
| In contract | |||
| Feb 20, 2024 | Listed by Martins & Associates R.E. Inc. | $499,900 | |
| Listed by Martins & Associates R.E. Inc. | |||
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Charming 3-bedroom, 2-bathroom home boasts hardwood floors, kitchen appliances, steam heating, a garage, and parking for 4 cars. It also offers utility connections for an electric range and oven, and a welcoming porch. With a finished basement and an open floor plan, this property is perfect for family living. Easy access to public transportation, ensures a comfortable and practical lifestyle. Nearby amenities include convenient shopping centers, quick access to major highways, and close proximity to public schools. New oil tank, newer roof, new heating system. Laundry area.
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| Sep 8, 2006 | Sold | ||
| Sold | |||
| Mar 16, 2006 | Listed by Martins & Associates R.E. Inc. | $240,800 | |
| Listed by Martins & Associates R.E. Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017