3 Forge Gate Drive #B2A
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 |
|---|---|---|---|
| Mar 29, 2013 | Sold | ||
| Sold | |||
| Jun 9, 2012 | Listed by Limited Editions Realty, Inc. | $225,000 | |
| Listed by Limited Editions Realty, Inc. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/05/2025
|
2 Bed
|
1 Bath
|
984 ft²
|
$399,000
2 Bed
1 Bath
984 ft²
|
$399,000
12/19/2025
|
Melissa Carlton
Houlihan Lawrence Inc.
| |
|
01/17/2023
|
2 Bed
|
2 Bath
|
-
|
$330,000
2 Bed
2 Bath
|
$330,000
04/14/2023
|
NINFA MEEHAN
GATE HOUSE REALTY INC. BE
| |
|
04/23/2021
|
2 Bed
|
1 Bath
|
-
|
$235,000
2 Bed
1 Bath
|
$230,000
-2.13%
09/13/2021
|
Claudia Dizenzo
Robert A. McCaffrey Realty Inc
| |
|
08/30/2020
|
2 Bed
|
1 Bath
|
-
|
$235,000
2 Bed
1 Bath
|
$232,000
-1.28%
02/10/2021
|
Beth Ann Dexter
Exit Realty Connections
| |
|
06/12/2015
|
2 Bed
|
1 Bath
|
984 ft²
|
$219,000
2 Bed
1 Bath
984 ft²
|
$214,000
-2.28%
07/18/2016
|
Robert McCaffrey
Robert A. McCaffrey Realty Inc
| |
|
06/09/2012
|
2 Bed
|
1 Bath
|
984 ft²
|
$225,000
2 Bed
1 Bath
984 ft²
|
$207,000
-8.00%
03/29/2013
|
PATRICK O''SULLIVAN
LIMITED EDITIONS REALTY INC CS
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017