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363 Forbell 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 |
|---|---|---|---|
| Sep 26, 2021 | Sold | ||
| Sold | |||
| Aug 15, 2021 | Listed by RE Max Edge Group | $848,000 | |
| Listed by RE Max Edge Group | |||
| | |||
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This Lovely Brick Detached Single Family Home sitting on a huge 40 x 100 Lot is located in the East New York area of Brooklyn! The property features 3 levels plus a cellar basement with Hardwood, Parquet, and Tile flooring throughout. The First Floor features a Formal Living Room, Dining Room, 3/4 Bathroom and a Kitchen with access to the backyard. The Second floor features 3 Bedrooms and a Full Bathroom plus a Terrace from the back Bedroom. Lots of Closet Space! The Third Floor features a Formal Living Room, 2 Bedrooms, Full Bathroom and an Eat-in Kitchen. There's a Laundry Area as well! This house has a Backyard and a Huge Private Driveway as well as a Heated Detached Garage parking for a total of 8 cars! 2 Oil Tanks and 2 Electric on the cellar basement. Close to public transportation with the B14, B15, B13, B20, B98V, Q7 and Q8 Bus Routes, and the A and C trains nearby. School District 19, with Brooklyn Scholars Charter School, Public School 159, East New York Middle School of Excellence, P.S. 158 Warwick, Vista Academy, Public School 108 and Public School 290 nearby. Within close proximity to Robert E. Venerable Park and Linden Ave with tons of shopping and dining options! Present All Offers!
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| May 18, 2021 | In contract | - | |
| In contract | |||
| Apr 21, 2021 | Listed by RE/MAX Edge | $848,000 | |
| Listed by RE/MAX Edge | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017