301 Forest St
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 |
|---|---|---|---|
| May 15, 2026 | Sold | ||
| Sold | |||
| Apr 8, 2026 | In contract | - | |
| In contract | |||
| Apr 3, 2026 | Listed by Century 21 North East | $629,900 | |
| Listed by Century 21 North East | |||
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Sweet Bungalow in sought after Forestdale! Situated on a corner lot, this two/three bedroom, one & a half bath home is the perfect starter home! The first floor features a well sized foyer, formal dining room with built in hutch, spacious living room, bedroom, full bathroom, kitchen, & three season enclosed back porch on the first floor. Two bedrooms and a 1/2 bath complete the second floor. Enjoy the nice yard with patio! Off-street parking, gas heating with steam boiler (2020), hot water tank (2021), irrigation system, new front cedar stairs, hardwood floors except kitchen & baths. Close to the Forestdale School, Oak Grove MBTA, Pine banks Park, the bus line, the vibrant Melrose downtown and Malden Center. Easy access to Route 93, Boston, Logan Airport & the Tobin Bridge. Enjoy all of the conveniences of the city while being slightly tucked away!
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| Jun 30, 2014 | Sold | ||
| Sold | |||
| May 8, 2014 | Listed by Century 21 Bond Realty, Inc. | $325,000 | |
| Listed by Century 21 Bond Realty, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017