365 Forest Avenue
About This Property
Built in 1904 by original owner for his beloved wife, who designed its signature features, the house was named
"Her Wish" after she passed away before construction was completed. An arched entryway
leads to a spacious grand room with original slate floors, stucco reliefs and hand-hewn exposed beams. A striking
floor-to-ceiling fireplace beckons you to unwind with a good book or glass of wine by the hearth. The
dining room, bathed in light from leaded stained-glass windows with medieval motifs, completes the
scene. Gather in the spacious kitchen with granite tops and generous cabinetry or venture outside to the
private courtyard for a morning coffee in tranquil surrounds. The primary bedroom leads to a renovated
bathroom with oversized glass shower. A second bedroom features a large walk-in closet and full
bathroom. Upstairs, cozy alcoves and a large outside balcony offer additional spaces to enjoy. An
adjoining 504 sq ft cottage serves as an ideal studio, home office or guest suite. Conveniently situated
and walkable to Rye's renowned beaches, parks, schools and gourmet eateries, this captivating 2,080 sq
ft treasure awaits! AO-CTS
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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 |
|---|---|---|---|
| Jan 11, 2024 | Sold | ||
| Sold | |||
| Sep 28, 2023 | Listed by Julia B Fee Sothebys Int. Rlty | $1,125,000 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
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Step into this enchanting Tudor Revival home with charming, storybook features and an air of history. Built in 1904 by original owner for his beloved wife, who designed its signature features, the house was named "Her Wish" after she passed away before construction was completed. An arched entryway leads to a spacious grand room with original slate floors, stucco reliefs and hand-hewn exposed beams. A striking floor-to-ceiling fireplace beckons you to unwind with a good book or glass of wine by the hearth. The dining room, bathed in light from leaded stained-glass windows with medieval motifs, completes the scene. Gather in the spacious kitchen with granite tops and generous cabinetry or venture outside to the private courtyard for a morning coffee in tranquil surrounds. The primary bedroom leads to a renovated bathroom with oversized glass shower. A second bedroom features a large walk-in closet and full bathroom. Upstairs, cozy alcoves and a large outside balcony offer additional spaces to enjoy. An adjoining 504 sq ft cottage serves as an ideal studio, home office or guest suite. Conveniently situated and walkable to Rye's renowned beaches, parks, schools and gourmet eateries, this captivating 2,080 sq ft treasure awaits! AO-CTS
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| Jun 22, 2012 | Sold | ||
| Sold | |||
| Feb 6, 2012 | Listed by Houlihan Lawrence Inc. | $999,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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Enchanting Rye Jewelbox. Picturesque and fully restored Tudor Revival home features stained glass windows with 16th century sailing vessels and knights in armor. There are numerous stucco reliefs, original slate floors and a medieval fireplace. Handhewn exposed beams, niches, nooks and crannies. The home is renovated and features new bathrooms and kitchen, high end appliances, granite countertops and a charming European court yard. Adjoining cottage w/LR, BR, KIT, BATH & Sleeping loft. Additional Information: Amenities:Storage,
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017