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32 Overhill Road
About This Property
The sunny, open, and airy living space is a true highlight, featuring wood burning fireplace, expansive windows that fill the room with natural light and open directly to both a private terrace and a spacious yard. This seamless flow between indoor and outdoor living provides the ideal space for relaxation, entertaining, or simply enjoying the breathtaking views and tranquil surroundings. Outside, the terrace and yard create an idyllic outdoor oasis, perfect for dining al fresco, gardening, or enjoying peaceful moments in the fresh air.
Located in one of the most desirable sections of Forest Hills Gardens, this home is surrounded by tree-lined streets, parks, and is just a short distance from shops and restaurants. Commuting is made easy with nearby subway, LIRR and transportation options, connecting you to all the city has to offer. Zoned to PS 101. This exceptional property offers the perfect balance of suburban charm and city convenience.
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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 |
|---|---|---|---|
| Apr 14, 2025 | Sold | ||
| Sold | |||
| Jan 31, 2025 | In contract | - | |
| In contract | |||
| Nov 8, 2024 | Listed by DGSIR Realty | $1,998,000 | |
| Listed by DGSIR Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017