39 Forest Street #39
About This Property
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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.
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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 |
|---|---|---|---|
| Apr 2, 2026 | Sold | ||
| Sold | |||
| Feb 14, 2026 | In contract | - | |
| In contract | |||
| Feb 10, 2026 | Listed by Coldwell Banker Realty - Waltham | $679,000 | |
| Listed by Coldwell Banker Realty - Waltham | |||
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**OPEN HOUSES CANCELED**This beautifully updated three-level townhouse-style condo blends timeless New England character with the comfort and efficiency of modern living—truly living like new construction. Enter through the front door to find gleaming hardwood floors, high ceilings, and thoughtfully integrated updates, including a discreet in-unit washer and dryer. The second level features a light-filled, open-concept living, dining, and kitchen layout that flows seamlessly to a private deck, creating an ideal setting for everyday living and entertaining. A serene primary bedroom and full bath complete this floor. The third level offers a spacious second bedroom with room for a home office, along with unfinished attic space presenting a rare opportunity for future expansion. Additional highlights include dedicated basement storage and two deeded direct-access parking spaces. Conveniently located near the Minuteman Bike Path and Arlington’s dining, shopping, and public transportation.
| |||
| Jan 20, 2023 | Sold | ||
| Sold | |||
| Sep 14, 2022 | Listed by Century 21 North East | $599,000 | |
| Listed by Century 21 North East | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/10/2026
|
2 Bed
|
1 Bath
|
1249 ft²
|
$679,000
2 Bed
1 Bath
1249 ft²
|
$670,000
-1.33%
04/02/2026
|
Robert Leahey
Redfin Corp.
| |
|
09/14/2022
|
2 Bed
|
1 Bath
|
1249 ft²
|
$599,000
2 Bed
1 Bath
1249 ft²
|
$570,000
-4.84%
01/20/2023
|
Frederica Tassis
Frederica Tassis
| |
|
05/11/2006
|
2 Bed
|
1 Bath
|
1300 ft²
|
$299,000
2 Bed
1 Bath
1300 ft²
|
$314,500
+5.18%
07/24/2006
|
Sheri Isenstein
Castles Unlimited, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017