59
Map
37 Forest Point
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 |
|---|---|---|---|
| Jul 30, 2026 | Price Decreased |
$499,000
↓ $6K
(1.2%) | |
| Price Decreased | |||
| Jun 1, 2026 | Listed by Southern Real Estate Properties | $505,000 | |
| Listed by Southern Real Estate Properties | |||
| May 19, 2026 | Listed by Keller Williams Realty Atl. Partners | $525,000 | |
| Listed by Keller Williams Realty Atl. Partners | |||
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Discover comfortable living in the desirable Summergrove subdivision. This home offers 3 bedrooms on the main level with a bonus room upstairs that could be a 4th bedroom and 2 full baths in approximately 2,279 square feet, situated on a generous 0.54-acre lot. Entertain guests in the open-concept living and dining areas, thoughtfully designed for both social gatherings and cozy nights in. The kitchen with granite countertops, a breakfast bar, ample cabinet space, and stainless steel appliances. Adjacent, the breakfast nook offers views of the backyard, perfect for enjoying your morning coffee. Custom trim work and LVP in all communal areas. The master suite, complete with expansive windows, private access to the deck and pool area, and dual closets. Relax in the master bathroom, featuring built-in speakers, a multi-function steam shower, large soaking tub, and tile floors. On the opposite side of the home, two generously sized bedrooms share a beautifully appointed bathroom with tile floors. Upstairs, a private bonus room offers endless possibilities as a home office, guest suite, or entertainment area. Outside the lot is enveloped by a privacy fence. The backyard has a covered porch, granite bar, and custom Pebble Tec pool-perfect for entertaining or relaxation. Residents have access to a wealth of community amenities, including parks, a lake, tennis and pickleball courts, and a golf course and 3 pools.
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| May 30, 2023 | Sold | ||
| Sold | |||
| Apr 8, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017