302 Forrest Street
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 13, 2024 | Sold | ||
| Sold | |||
| Jan 6, 2024 | In contract | - | |
| In contract | |||
| Aug 23, 2023 | Listed by RE/MAX Professionals | $165,000 | |
| Listed by RE/MAX Professionals | |||
| | |||
|
WHAT A BARGAIN! Fantastic opportunity to start your own business in single family home rentals, or to expand your existing investment portfolio. 3 homes in a package deal! House #1 has 2 bedrooms, 1 bath and is 702 Sq. ft. with its own well and septic and recently replaced A/C. House #2 and #3 share a water well, have separate septic tanks and sit on 3 lots. House 2 is a 3 bed, 2 bath with 1116 sq. ft. of living and a recently replaced A/C unit. House #3 is a 2 bed 1 bath, 840 sq ft of living and recently replaced roof and a detached garage. All homes have tenants so do not trespass. Serious inquiries only.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017