4617 Forest Edge Lane
About This Property
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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%.
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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 |
|---|---|---|---|
| Apr 4, 2024 | Sold | ||
| Sold | |||
| Jan 12, 2024 | Listed by @properties Christie's International Real Estate | $730,000 | |
| Listed by @properties Christie's International Real Estate | |||
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Beautifully updated ranch home with 3 bedrooms (3rd BR currently used as a den/office) and 3 car garage in a maintenance-free community! The home has an open floor plan, backs up to a pond and has an elegant design that is a dream for entertaining! Unbelievable primary suite has a huge bathroom with walk-in shower, dual vanities and heated floors, an adjacent dressing area, walk-in closet and bedroom has vaulted ceilings and a slider to the deck. Recessed lighting throughout the whole home has been added. Large wooden deck overlooks a stocked pond. Community has lovely walking trails. Gigantic finished basement nearly doubles the living space. Home was fully renovated in 2018 so everything is newer! Dual zone HVAC, 2 water heaters (2024), roof in 2016, you won't believe all the upgrades in this home. Subdivision is part of an HOA so no exterior maintenance (also includes water, cable and internet). See attachment for more information on the HOA. Sale is As Is and seller is open to selling any or all furnishings in the home (except grandfather clock).
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| Feb 15, 2018 | Sold | ||
| Sold | |||
| Sep 20, 2017 | Listed by RE/MAX Showcase | $409,900 | |
| Listed by RE/MAX Showcase | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017