3 Forest Drive
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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| Apr 26, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Mar 18, 2024 | Price Decreased |
$3,725,000
↓ $125K
(3.3%) | |
| Price Decreased | |||
| Feb 8, 2024 | Listed by Compass Greater NY LLC | $3,850,000 | |
| Listed by Compass Greater NY LLC | |||
| | |||
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Luxury abounds as you enter over 7,000 square feet renovated for today's lifestyle. A stunning residence, boasting spectacular interiors and picturesque grounds spanning over 2 acres. The perfect combination of space and light, the custom indoor and outdoor renovation was completed in 2021. Gated for privacy, with a lovely circular driveway leading to your own oasis in Sands Point. **Updates Sheet Attached
| |||
| Nov 25, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Sep 6, 2023 | Listed by Compass Greater NY LLC | $3,989,000 | |
| Listed by Compass Greater NY LLC | |||
Property Highlights
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About Port Washington
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Currently no similar homes aroundNearby Rentals
$10,000 /mo
- 3 Beds
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- 2,070 ft²
$8,400 /mo
- 4 Beds
- 3 Baths
- 3,000 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017