311 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 |
|---|---|---|---|
| Mar 14, 2025 | Sold | ||
| Sold | |||
| Feb 14, 2025 | In contract | - | |
| In contract | |||
| Feb 5, 2025 | Listed by Keller Williams Realty | $599,900 | |
| Listed by Keller Williams Realty | |||
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This FABULOUS remodeled ranch on the Melrose line combines classic charm with modern updates. The large covered porch with beautiful wood ceiling and composite decking is truly a standout feature. Enter through the mudroom/breakfast nook that connects to a beautifully modernized kitchen. Dining room w/attractive wainscoting is open to the living room for a large combined space that is perfect for entertaining. An expansive primary bedroom, 2nd bedroom and full bath complete the main level. Hardwood throughout dining room, living room and 2 bedrooms on this level. Lower level has a cozy and inviting family room, 3rd bedroom and office/gym (or possible 4th bedroom). 2 car detached garage w/new doors. Partially fenced yard. Newer roof, HWH and some windows (see complete list for all updates). Commuter-friendly location within walking distance of Oak Grove T station, Forestdale School and Pine Banks Park. Easy access to Malden Center and Routes 1 & 93. This is one not to miss!!
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| Dec 18, 2015 | Sold | ||
| Sold | |||
| Sep 21, 2015 | Listed by Keller Williams Realty | $322,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017