345 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 |
|---|---|---|---|
| Jun 15, 2017 | Sold | ||
| Sold | |||
| Mar 4, 2016 | Listed by Colonial Realty Group - South Shore | $659,900 | |
| Listed by Colonial Realty Group - South Shore | |||
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Unique home - amazing flexible floor plan! Enter into the large foyer & then use your imagination! Wonderful for entertaining, the large open kitchen boasts a huge center island, breakfast bar, gas cooktop, electric oven, stainless appliances & granite countertops. The family room has two walls of floor-to-ceiling windows, gas fireplace, built-ins, cathedral ceilings w/recessed lighting, crown molding & sliders opening to a sunny deck. Dining rm w/recessed lighting, bay window, built-ins & French doors steps down into formal living rm w/fireplace & built-ins. Huge first floor "bonus" room with sitting area can be used for an in-law, au pair, playroom or add'l bedroom. The upstairs library can be used for an "in-home" business- two walls of glass-front built-ins, gas fireplace, cathedral ceiling, recessed lighting & sliders to a private deck. Hardwood floors throughout, central air, central vac, heated basement/garage, workshop, 2nd floor laundry, sun room, irrigation system.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017