313 W Forest Road
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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%.
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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.
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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 |
|---|---|---|---|
| Jan 29, 2026 | Sold | ||
| Sold | |||
| Dec 18, 2025 | In contract | - | |
| In contract | |||
| Sep 28, 2025 | Listed by Douglas Elliman Real Estate | $399,000 | |
| Listed by Douglas Elliman Real Estate | |||
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This charming 2-bedroom cape situated on a quarter-acre corner lot is an appealing blend of character, convenience and affordability. Both well-built and well-maintained, with a "forever roof" done just 5 years ago. Andersen sliding glass doors (also 5 years) lead to a lovely outdoor space with a wooden deck and concrete patio. Thoughtful layout makes room for a formal dining area and a primary bedroom on the upper floor that spans the entire length of the home. Enjoy hardwood floors throughout, a wood-burning fireplace and a propane-powered Generac generator included in the sale. Partial basement through Bilco doors houses the mechanicals and includes a washer and dryer. Oversized, detached 1-car garage is an attraction, also featuring a newer roof and an upstairs loft area - making the unit perfect as a workshop, gym, studio, etc. Spacious tree-lined yard and wide driveway offers more-than-ample room for parking and storage. Located just a half mile from Town of Brookhaven's planned and approved Downtown Revitalization Project set to begin construction soon, and approx. a half mile from Marina 5, fishing pier and access to Narrow Bay. Ideal for boaters and salt life enthusiasts but NOT in a flood zone. Taxes extremely low. Seriously... why rent?
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| Feb 28, 2024 | Sold | ||
| Sold | |||
| Dec 30, 2023 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017