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39 W Forest Trail
About This Property
The main level features a bright, open center-island kitchen with granite countertops, stainless steel appliances, gas stove, and a cozy breakfast nook overlooking the expansive yard, Trex deck, and pool. Hardwood floors flow throughout, and the living room with fireplace creates a warm, welcoming gathering space.
Upstairs, the primary suite offers a walk-in closet and a spa-like bath with soaking tub and separate shower-your own private retreat.
The fully finished lower level is a true highlight. Currently set up as a 2-bedroom in-law suite, it includes a full bath, private laundry, walk-in closet, and kitchen, along with radiant heated tile floors. It's the ideal setup for extended family, guests, or multi-generational living.
Highlights:
- Central A/C
- 200-amp electric with generator hook-up (homeowner may leave generator)
- 2-car attached garage
- Large Trex deck overlooking a level yard
- Above-ground oil heat
- private setting with beautiful mature ornamental trees
All of this just minutes from I-84, the Taconic, and Metro-North-making commuting simple and stress-free. Only 1 hour from Manhattan.
A warm, welcoming home with room for everyone.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 20, 2026 | Sold | ||
| Sold | |||
| Jun 15, 2026 | In contract | - | |
| In contract | |||
| May 15, 2026 | Price Decreased |
$715,000
↓ $5K
(0.7%) | |
| Price Decreased | |||
| Apr 27, 2026 | Relisted | $720,000 | |
| Relisted | |||
| Dec 9, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017