32 FOREST AVE
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 |
|---|---|---|---|
| Nov 9, 2023 | Sold | ||
| Sold | |||
| Aug 14, 2023 | In contract | - | |
| In contract | |||
| Aug 10, 2023 | Listed by RE/MAX Preferred - Sewell | $549,000 | |
| Listed by RE/MAX Preferred - Sewell | |||
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A fantastic property in popular Lake Pine! A beautiful 5 bedroom, 2 ½ bath home with a number of updates in the past few years. The large kitchen offers beautiful granite countertops; stainless steel appliances, & an abundance of cabinetry. All windows replaced within past decade. Brand new flooring on the 2nd level, with the 1st level having been completed not long before that. Siding, insulation & gutters just from a few years ago. Almost every interior door in home has been replaced with the front & garage doors in 2021. 10'x14’ Shed by Old Hickory Buildings with 8’ ceiling and 2 lofts. An irrigation system with multiple zones which will keep that grass GREEN. CLEAN & WELL KEPT. You will appreciate the square footage & flow of the home. Spend your mornings in the screened in porch. A large property gives you plenty of yard. Attached garage plus a long driveway. . Get your full membership & reap the benefits that Lake Pine Colony Club offers: 3 beaches, club house, tennis courts & many social activities. Subject to the seller finding suitable housing. Nevertheless, this is the one you've been waiting to find.
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| Feb 11, 2022 | Sold | ||
| Sold | |||
| Dec 28, 2021 | Listed by Weichert Realtors-Medford | $445,000 | |
| Listed by Weichert Realtors-Medford | |||
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1/3/22 - Meeting of the minds. NO MORE SHOWINGS. Great house in a great neighborhood! This 5 bedroom, 2 ½ bath home in Lake Pine has many improvements and upgrades! The large kitchen offers beautiful granite countertops; stainless steel appliances including a new Bosch dishwasher, French door refrigerator, double oven and Jenn Aire flat top; under cabinet lighting; loads of cabinet space and a pantry. Newer washer/dryer with bonus small-load washer drawer. All windows replaced within past 7 years. Newer laminate flooring through most of first floor. Updated first floor powder room. Recessed lighting in family room with wifi connection. Newer siding with new insulation and gutter guards. Newer Thermatru front door. Newer garage door w/wifi opener. Newer 10'x14’ Shed by Old Hickory Buildings with 8’ ceiling and 2 lofts, painted to match house siding. 4-zone front yard irrigation system with wi-fi controller. ADT alarm system w/wall panel and sensors w/4G. Nest wifi thermostat. Newer whole house humidifier. All this with the comfort and space of five bedrooms, generously-sized family room and dining room, a comfortable living room with fireplace, and a screened in porch. The large backyard gives plenty of room to kick a soccer ball or jump on the trampoline (included). With full membership, the Lake Pine Colony Club offers three beaches, club house, tennis courts and many social activities. Sellers are not current members. There is a $1500 fee to reinstate membership. Sellers are looking for an end of February settlement. Don’t wait – this won’t last! Showings start December 28.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017