3511 FOREST EDGE DR #171F
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%.
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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 |
|---|---|---|---|
| Nov 13, 2024 | Sold | ||
| Sold | |||
| Nov 1, 2024 | In contract | - | |
| In contract | |||
| Oct 24, 2024 | Relisted | $171,000 | |
| Relisted | |||
| Oct 2, 2024 | In contract | - | |
| In contract | |||
| Sep 21, 2024 | Listed by Samson Properties | $171,000 | |
| Listed by Samson Properties | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/08/2025
|
2 Bed
|
2 Bath
|
1273 ft²
|
$225,000
2 Bed
2 Bath
1273 ft²
|
$220,000
-2.22%
06/06/2025
|
James Higgins
Weichert, REALTORS
| |
|
09/21/2024
|
1 Bed
|
2 Bath
|
946 ft²
|
$171,000
1 Bed
2 Bath
946 ft²
|
$178,000
+4.09%
11/13/2024
|
Carmen Murphy
Samson Properties
| |
|
02/18/2024
|
2 Bed
|
2 Bath
|
1273 ft²
|
$209,900
2 Bed
2 Bath
1273 ft²
|
$205,000
-2.33%
03/13/2024
|
Sudha Baxter
Weichert, REALTORS
| |
|
05/25/2023
|
2 Bed
|
2 Bath
|
1157 ft²
|
$189,900
2 Bed
2 Bath
1157 ft²
|
$200,000
+5.32%
07/06/2023
|
Karen Ranallo
Weichert, REALTORS
| |
|
05/13/2023
|
1 Bed
|
2 Bath
|
946 ft²
|
$160,000
1 Bed
2 Bath
946 ft²
|
$165,322
+3.33%
06/21/2023
|
Karen Rollings
EXP Realty, LLC
| |
|
05/15/2020
|
2 Bed
|
2 Bath
|
1157 ft²
|
$175,000
2 Bed
2 Bath
1157 ft²
|
$175,000
05/19/2021
|
Christine Colburn
Weichert, REALTORS
| |
|
02/15/2020
|
2 Bed
|
2 Bath
|
1273 ft²
|
$179,899
2 Bed
2 Bath
1273 ft²
|
$181,000
+0.61%
06/19/2020
|
John H Radcliffe
Weichert, REALTORS
| |
|
11/28/2017
|
3 Bed
|
2 Bath
|
1415 ft²
|
$214,900
3 Bed
2 Bath
1415 ft²
|
$213,000
-0.88%
01/24/2018
|
Christine Sherrod
Weichert, REALTORS
| |
|
11/25/2017
|
3 Bed
|
2 Bath
|
1415 ft²
|
$184,900
3 Bed
2 Bath
1415 ft²
|
$172,500
-6.71%
08/15/2018
|
Marilyn Chmielewski
Weichert, REALTORS
| |
|
11/20/2016
|
3 Bed
|
2 Bath
|
1415 ft²
|
$184,900
3 Bed
2 Bath
1415 ft²
|
$175,000
-5.35%
02/03/2017
|
John Radcliffe
Weichert, REALTORS
| |
|
11/24/2015
|
3 Bed
|
2 Bath
|
1415 ft²
|
$175,000
3 Bed
2 Bath
1415 ft²
|
$176,000
+0.57%
02/10/2016
|
Matthew A Lancelotta
RE/MAX Realty Group
| |
|
10/10/2015
|
1 Bed
|
1 Bath
|
850 ft²
|
$79,900
1 Bed
1 Bath
850 ft²
|
$70,000
-12.39%
11/23/2015
|
John Radcliffe
Weichert, REALTORS
| |
|
03/16/2012
|
2 Bed
|
2 Bath
|
1273 ft²
|
$115,000
2 Bed
2 Bath
1273 ft²
|
$106,500
-7.39%
08/10/2012
|
Deborah Younkers
Weichert, REALTORS
| |
|
04/15/2011
|
2 Bed
|
2 Bath
|
1157 ft²
|
$101,300
2 Bed
2 Bath
1157 ft²
|
$97,500
-3.75%
01/06/2012
|
Marilyn Chmielewski
Weichert, REALTORS
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017