3147 Forrest Avenue
About This Property
Welcome to 3147 Forrest Avenue!
This 3 BR/2 Bath lives large with VAULTED CEILING, rich walnut vinyl plank flooring, coastal blue paint, NEW LIGHT FIXTURES/CEILING FANS, NEW LANDSCAPING and a NEWER HVAC (only 3-years-old)!
The galley-style kitchen offers the savvy buyer untapped equity and features oak cabinetry, black appliance suite, low-maintenance laminate countertops and spacious dining area.
The laundry room is located just off the kitchen and is equipped with shelving for laundry and pantry items.
(continued) The master bedroom boasts more of the rich walnut luxury plank flooring and neutral paint. While the master bath offers soaker tub/shower combination and a LARGE WALK-IN CLOSET!
Bedrooms 2 and 3 are nearly identical in size and shape, with standard closets, new ceiling fans and luxury vinyl plank flooring. There are 13 boxes of surplus lvp flooring currently on display in Bedroom #2 that will convey with purchase! #GiftWithPurchase
The guest bath offers standard tub/shower combination, with single vanity, and is conveniently located between bedrooms 2 and 3.
Now for one of my favorite areas of this home--- the backyard!
Not only do you have a covered back patio area, there is also a concrete grilling pad for your bbq pit! The backyard is flat and fully privacy-fenced. It's also bordered by mature oaks for additional privacy.
Finally, the owners expanded the driveway for additional parking (5 cars), and recently added new landscaping in the front yard.
This home is priced to move and comes with so many perks (NEW ROOF, 13 BOXES OF LVP FLOORING, etc). What are you waiting for? Make an offer today!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017