3-5 Forest Ln
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 |
|---|---|---|---|
| Jan 25, 2024 | Sold | ||
| Sold | |||
| Dec 9, 2023 | In contract | - | |
| In contract | |||
| Nov 30, 2023 | Listed by United Brokers | $680,000 | |
| Listed by United Brokers | |||
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Looking for a little privacy and enjoyment of nature? Take note of this classic 3 bedroom SF dwelling located within minutes to schools, beach, commuter rail and highway. It offers front and back decks, an oversized bay garage and great space on the main level with enough room for everyone. Kitchen and baths have been updated. Come and embrace the opportunity to finish this project and make this house shine again. HUD Home. Sold “AS IS” by electronic bid ONLY. Property available as of 11/29/23. Initial bids due by 11/30/23 11:59:59 PM CT and after that daily by 11:59 PM (CT) until sold .FHA Case #251-629285 (UI)Uninsured . Eligible for FHA 203K. Finance Terms: FHA, Cash, and Conv. All bids MUST be submitted by HUD brokers electronically. The seller and seller's agent make no warranty as to the condition of the property. Buyer to verify all info.
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| Oct 19, 2023 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 13, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017