3025 Forest St
About This Property
Step outside to a large concrete patio, ideal for enjoying Colorado's 300+ days of sunshine. The private backyard includes a lush lawn, garden beds, and a shed, all supported by a Rachio smart sprinkler system with water-efficient rotary heads-planter beds included. The garage features an epoxy floor and a myQ smart garage system, blending functionality with modern tech.
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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 |
|---|---|---|---|
| Jun 27, 2025 | Sold | ||
| Sold | |||
| Jun 12, 2025 | In contract | - | |
| In contract | |||
| Jun 7, 2025 | Price Decreased |
$525,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| May 17, 2025 | Price Decreased |
$535,000
↓ $15K
(2.7%) | |
| Price Decreased | |||
| May 6, 2025 | Listed by Milehimodern | $550,000 | |
| Listed by Milehimodern | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017