3 Forest Drive
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 2, 2024 | Sold | ||
| Sold | |||
| Feb 24, 2024 | In contract | - | |
| In contract | |||
| Feb 22, 2024 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $365,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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Open House Canceled. Step inside of this meticulously maintained three bedroom one bath ranch. Beautifully renovated eat-in kitchen with granite countertops and updated appliances. The sun drenched living room features a bay window and hardwood floors. Primary bedroom features hardwood floors and is large enough to add a sitting area. The spiral staircase leads you to the finished basement with a bonus living area and the third bedroom. The exterior features a farmers porch and a 2 level deck perfect for entertaining. Some updates include new deck(2017), Farmers Porch(2015), Irrigation(2016), Windows(2015), Pool Liner and Filter(2022).
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| Jan 13, 1988 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017