13
Map
298 Forest St
About This Property
Listed By
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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 |
|---|---|---|---|
| Nov 3, 2026 | Listed by Gibson Sotheby's International Realty | $759,000 | |
| Listed by Gibson Sotheby's International Realty | |||
| Sep 22, 2026 | Price Decreased |
$759,000
↓ $40K
(5%) | |
| Price Decreased | |||
| Sep 11, 2026 | Listed by Gibson Sotheby's International Realty | $799,000 | |
| Listed by Gibson Sotheby's International Realty | |||
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Great First Time Buyer Home or someone looking to downsize. One level living with plenty of opportunities to expand. Large yard and spacious home at a terrific price! There’s more to this ranch than you might expect from the street. The main level keeps daily life straightforward, with great natural light in the fireplaced living room and adjoining dining or bonus area. Sliders lead to a deck with treetop views overlooking the yard, giving the main living areas a welcome connection to the outdoors. The eat-in kitchen is ready for its next update, but its size gives you something worth working with rather than working around. Three bedrooms and a full bath keep everything you need on one floor. Downstairs is where the house starts to separate itself. High ceilings and a walkout family room create a substantial second living area, complemented by a kitchenette and laundry. Use it for movie nights, guests, hobbies, or simply the extra room that becomes increasingly valuable over time. Direct access to the extended garage provides room for cars, a workshop, equipment, or storage. The backyard deserves some attention of its own. A second deck brings you down to the yard, where a fenced area works well for pets and the remaining space leaves plenty of room to garden, play, or spend an afternoon outside. When you’re heading out, the 67 bus offers direct service to Alewife and nearby parks give you more places to explore. This isn’t a finished renovation with someone else’s choices built into the price. It’s a useful, surprisingly roomy home that you can live in now and improve at your own pace.
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| Sep 10, 2026 | No longer available | - | |
| No longer available | |||
| Aug 31, 2026 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017