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31 Forest Ave
About This Property
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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 |
|---|---|---|---|
| Jul 29, 2025 | Sold | ||
| Sold | |||
| Jun 3, 2025 | In contract | - | |
| In contract | |||
| May 29, 2025 | Listed | $474,900 | |
| Listed | |||
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Situated on almost half an acre of land on a dead end street, this affordable and well taken care of property features eat-in kitchen, family room with wood burning fireplace, ceiling fan and built-ins, dining room with bay window, 2 ample sized bedrooms with wall-to-wall carpet, full bath with tile surround tub/shower combo, walk-out basement perfect for family room, play room, etc. and more!! Two year old roof, alarm system, storage shed, sunporch, generator, walk-up attic with large open space great for additional storage and so much more!! Don't miss out on this gem with so much potential to bring your design ideas to fruition! Perfectly located close to the Tyngsborough line, shopping, restaurants, etc. Property being sold as-is. Showings begin at open houses Sat 5/31 & Sun 6/1 11-12:30PM.
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| Sep 12, 2008 | Sold | ||
| Sold | |||
| Apr 29, 2008 | Listed | $137,900 | |
| Listed | |||
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Address: 335 Madison Avenue, New York, NY 10017