39 Forest Avenue
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 |
|---|---|---|---|
| Feb 25, 2022 | Sold | ||
| Sold | |||
| Jan 4, 2022 | No longer available | - | |
| No longer available | |||
| Jan 3, 2022 | Listed by RE/MAX Central Inc. | $489,900 | |
| Listed by RE/MAX Central Inc. | |||
| Nov 20, 2021 | Listed by RE/MAX Central Inc. | $499,900 | |
| Listed by RE/MAX Central Inc. | |||
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Beautiful, rarely available and hard to find home with a serene and peaceful vibe throughout! Sit back and enjoy every season through the oversized windows with gorgeous views in nearly every room. Quiet setting with plenty of scenic space, wooded transition, and the wonderful feel of being "on vacation" every time you step outside in the backyard. Located on Forest Avenue, which is one of the most desirable streets in Roselle and one of only a FEW wooded lots with 3/4 of an acre in the whole area. Additional 30-foot easement is also located in the back of the yard and can never be built on. Spring promises plentiful green trees, privacy, numerous beds of perennial flowers, and the sound of birds chirping nearby! Located in the highly-rated Districts 12 and 108! Layout includes (4) main bedrooms plus a bonus 5th bedroom or office/work space in the English basement. Spacious family room includes a cozy fireplace, adjacent to the open layout dining room/living room. The large lower level family room, abundant with more outdoor views, is warm, comfortable and a great setting for movies or entertainment and relaxation for all to enjoy! The stand alone back building can be converted to an office, play house, or workshop with its heat, electric, windows, and the same roof as the main house! One-of-a-kind opportunity - priced in line with the very few area comp sales - and recently APPRAISED to support the price! Whole house warranty included for 13 months! The manager has listed the unit size as 2752 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017