65
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4050 Forbes Way
About This Property
After grilling on your back deck, digging in the dirt in your raised garden beds, and relaxing in the fenced backyard, take advantage of the park located just across the street. With Growing Years Daycare and Highlands Elementary conveniently located within the neighborhood, everyday routines are simple and stress-free. Commuters will appreciate quick access to I-40/85 just minutes away, with abundant shopping and dining options right across the interstate.
Inside, you'll find hardwood floors, a spacious living area perfect for gathering, and a large, storage-friendly garage. Upstairs features four generously sized bedrooms offering flexibility for family, guests, or home office space. Major updates include a roof less than 10 years old and a brand-new hot water heater, providing added peace of mind.
This home offers the perfect blend of comfort, convenience, and community living. Come check it out!
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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 |
|---|---|---|---|
| Jun 26, 2026 | Sold | ||
| Sold | |||
| Jun 17, 2026 | In contract | - | |
| In contract | |||
| May 11, 2026 | Price Decreased |
$349,000
↓ $10K
(2.8%) | |
| Price Decreased | |||
| Mar 26, 2026 | Price Decreased |
$359,000
↓ $1K
(0.3%) | |
| Price Decreased | |||
| Mar 12, 2026 | Price Decreased |
$360,000
↓ $10K
(2.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017