
25
Map


38 Forge Lane
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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
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Mar 12, 2024 | Listed by EXP Realty | $169,999 | |
Listed by EXP Realty | |||
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Discover Adirondack serenity on 2.73 acres with 400 feet of
peaceful Bouquet River frontage. This fully renovated cabin,
completed in 2021, showcases knotty pine interiors and rustic
Adirondack charm, making it an inviting retreat. Currently a
successful Airbnb with a strong rental history, it offers a great
income opportunity or the perfect vacation escape. With room to add
a second bedroom, it's also ideal for year-round living. The sale
includes parcels #56.3-1-2.300 (2.37 acres) and…
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Apr 5, 2016 | Sold to Sarah Gledhill Pastore | ||
Sold to Sarah Gledhill Pastore |
Property Highlights
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Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
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Building Info
