Lot 4 Forrestwood Drive
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 |
|---|---|---|---|
| Mar 30, 2026 | Sold | ||
| Sold | |||
| Mar 5, 2026 | In contract | - | |
| In contract | |||
| Oct 7, 2025 | Listed by West & Woodall Real Estate - S | $39,900 | |
| Listed by West & Woodall Real Estate - S | |||
| Aug 7, 2025 | Price Decreased |
$35,999
↓ $4K
(9.8%) | |
| Price Decreased | |||
| Mar 12, 2025 | Listed | $39,900 | |
| Listed | |||
| | |||
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Great Building lot with city sewer and water available in established neighborhood in Roxboro. Close enough to town to get anywhere quickly but feels like you are in the country. Great lot for a Spec Home. Must pay to tie into sewer and water systems.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017