31 Forestway Drive
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 |
|---|---|---|---|
| Jun 20, 2024 | Sold | ||
| Sold | |||
| May 31, 2024 | Listed by RE/MAX PREMIER | $574,900 | |
| Listed by RE/MAX PREMIER | |||
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Multiple offers received. Highest and best due by Monday (06/03/24) at noon. Welcome to this beautiful, completely remodeled colonial in a desirable Deerfield neighborhood with top-rated schools. This charming 3 bed/2.1 bath house has seen a total transformation. From the moment you walk in you can appreciate the quality of the work and the modern, inviting feel of the space. Contemporary paint colors, beautifully refinished hardwood floors, custom stair railings, recess lighting, and modern light fixtures throughout. Updates include a new roof, plumbing and electrical system; new water heater, and A/C. All bathrooms were fully updated with beautiful tile and hardware. Great flow from a spacious, bright living room to the amazing, expanded kitchen with dedicated table space, sleek white cabinets with plenty of storage, quartz countertops, a beautiful glass tile backsplash, and brand-new, stainless steel appliances. There is a dining room off the kitchen, perfect for hosting gatherings for friends and family. The second level has a large master suite with a spa-like bathroom and 2 additional sizeable bedrooms with ample closet space, and a full bathroom. The lower level has a finished basement with brand-new carpet and recess lighting, a large utility/laundry room with extra storage space, and a new washer and dryer. Outside you can enjoy the large yard with a shed and a new, extra-large concrete patio perfect for entertaining. This great property is near parks, recreation facilities, shopping, and transportation. Nothing to do but move in!
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| Nov 18, 2022 | Sold | ||
| Sold | |||
| Nov 7, 2022 | Listed by Magic Touch Real Estate, Inc. | $299,900 | |
| Listed by Magic Touch Real Estate, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017