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42 Forrest Avenue
About This Property
The second floor features a primary suite with vaulted ceiling, walk-in closet, and a full bath with double sinks, along with three additional bedrooms, a full hall bath, and a convenient second -floor laundry room, plus a walk up attic for easy storage. The spacious finished basement boasts high ceilings, a full bath, sauna, and additional storage space.
Relax in the private backyard with a paver patio and detached garage. Ideally located in a highly desirable Rumson neighborhood, just a short distance to blue-ribbon schools, town, parks and Sea Bright beaches. This is one you won't want to miss!
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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 |
|---|---|---|---|
| May 29, 2026 | Sold | ||
| Sold | |||
| Apr 25, 2026 | In contract | - | |
| In contract | |||
| Apr 16, 2026 | Listed by Heritage House Sotheby's International Realty | $2,149,000 | |
| Listed by Heritage House Sotheby's International Realty | |||
| Sep 2, 2022 | Sold | ||
| Sold | |||
| May 19, 2022 | Listed by Heritage House Sotheby's International Realty | $1,549,000 | |
| Listed by Heritage House Sotheby's International Realty | |||
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Picture Perfect!! Beautifully appointed with stunning custom millwork and oversized windows. Family room features custom built ins, gas fireplace all open to chef's kitchen. Private back yard with paver patio. Spacious master bedroom offers walk in closet, vaulted ceiling. Finished basement has separate room ideal for home office and a full bath. Hardwood floors thru out. Walk up attic for easy storage. All located ideally close to schools and shops.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017