347 Dark Forest Drive
About This Property
Hardwood floors, transom windows, a custom handrail and built-in bookcases flow throughout the open-concept home. The kitchen includes custom leathered granite countertops and high level cabinetry. The living area is perfect for lively gatherings or everyday living. Host elegant dinners in the stylish formal dining room - prepared in the custom kitchen - then unwind by the double-sided fireplace that connects the cozy living room to a serene screened porch, ideal for year-round cozy nights or morning coffee.
Upstairs, an additional bedroom and a full bath along with a large bonus room provide plenty of space for family, guests, or hobbies. Plantation shutters throughout add timeless charm, while the flexible layout adapts to your lifestyle.
Step outside to grill and relax on the deck overlooking your private, wooded lot that backs up to scenic trails. You're just a short walk from Briar Chapel's resort-style amenities, including multiple pools, clubhouse, 900+ acres of green space, 24 miles of trails, sports courts, dog parks, a fully equipped gym, community garden, and more.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 6, 2026 | Sold | ||
| Sold | |||
| Dec 22, 2025 | In contract | - | |
| In contract | |||
| Dec 18, 2025 | Price Decreased |
$699,900
↓ $45K
(6%) | |
| Price Decreased | |||
| Nov 24, 2025 | Price Decreased |
$744,800
↓ $100
(0%) | |
| Price Decreased | |||
| Nov 3, 2025 | Price Decreased |
$744,900
↓ $5K
(0.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017