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Map
338 Forest Street
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 |
|---|---|---|---|
| Aug 6, 2025 | Sold | ||
| Sold | |||
| Jul 3, 2025 | In contract | - | |
| In contract | |||
| Jun 19, 2025 | Listed | $895,000 | |
| Listed | |||
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Welcome home to 338 Forest Street, a lovely, move-in ready Bungalow that is ideal for first-time buyers or downsizers alike. The main level features a modern, open-concept layout, with a charming living room, accented by a wood-burning fireplace, flowing into a dining area and updated kitchen, equipped with an abundance of cabinetry, granite counters, peninsula, pot filler and gas stove. This floor is complete with two sizable bedrooms, a full bathroom and an enclosed porch. Downstairs, a finished lower level with a family room, large bedroom, office and full bath allows for a variety of lifestyle options, whether you work from home, have an expanding family or host guests. Even more expansion potential awaits upstairs, with fantastic space and ceiling height in the attic that could become your finished third floor. Outside, you will have your own private retreat, from the spacious back deck with plumbed-in gas grill to the stone patio and tree-lined, fenced-in yard.
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| Mar 20, 2015 | Sold | ||
| Sold | |||
| May 15, 2007 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017