35008 Forest Estates Rd
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 |
|---|---|---|---|
| Jul 29, 2024 | Sold | ||
| Sold | |||
| Jun 6, 2024 | In contract | - | |
| In contract | |||
| May 16, 2024 | Listed by Madison & Company Properties | $750,000 | |
| Listed by Madison & Company Properties | |||
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Remodeled inside and out, this home features a remodeled kitchen and bathrooms, new decks, flooring, water heater, furnace, exterior paint, and roof. You'll love the vaulted ceilings and two cozy propane gas fireplaces. The detached cabin shed is a plus and has both a storage room and a finished bonus room. There's also an impressive chicken coop set up on the acreage and a simple greenhouse for our mountain growing seasons. The open, usable yard comes with a playset and space to roam. Starlink high speed internet is available for work and entertainment, the water source is public and the septic system has passed inspection and is ready to go. Sellers recently removed the carpeting and replaced it with wood floor and luxury vinyl, and a credit will be provided for new carpeting on the staircase. Quick possession is available too - no rent back needed. Conveniently accessed via paved county-maintained roads, this home is easy to get to, but once you're there, it'll be hard to leave.
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| Jun 3, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017