434 Forest Hills Loop
About This Property
The main home features 1,224 square feet of living space, complemented by a spacious 700-square-foot deck-perfect for enjoying the peaceful surroundings and watching wildlife in the wooded portion of the property. Two 12' x 16' storage buildings provide ample space for tools, equipment, or outdoor gear. A 24' 6" round above-ground pool (48" deep), fully enclosed by a charming wood deck, offers a refreshing escape on warm days.
With no restrictions, this property presents endless possibilities, whether you're looking to create a private getaway, expand, or build your dream homestead. Don't miss this rare opportunity to own a versatile piece of land near the lake.
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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 |
|---|---|---|---|
| Jul 9, 2025 | Sold | ||
| Sold | |||
| May 24, 2025 | In contract | - | |
| In contract | |||
| Apr 29, 2025 | Relisted | $195,000 | |
| Relisted | |||
| Apr 1, 2025 | In contract | - | |
| In contract | |||
| Mar 23, 2025 | Listed by Premier Property Group | $195,000 | |
| Listed by Premier Property Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017