47 Forest Lane
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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.
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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 |
|---|---|---|---|
| Aug 15, 2022 | Sold | ||
| Sold | |||
| Jun 17, 2022 | In contract | - | |
| In contract | |||
| Jun 1, 2022 | Listed by J. Philip Real Estate, LLC. | $375,000 | |
| Listed by J. Philip Real Estate, LLC. | |||
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Now ready for your renovation and imagination. Perfectly sited 3 BR Raised Ranch on 1 acre. Quiet setting near end of long cul-de-sac, but convenient to everything. Large living room with wood burning stove, formal dining room, kitchen, primary bedroom with bath, hall bath, two additional BR's. Hardwood floors. Large family room area in lower level with SGD to rear. Two car garage. Multi-level rear deck perfect for entertaining. Sunny level back yard with room for garden, forested view to rear. Close to shopping and restaurants. Minutes from thriving arts scene and entertainment in downtown Peekskill. Convenient to Taconic State Parkway and State Route 9 for commuting, as well as the Metro-North commuter rail stations in Peekskill and Cortlandt.
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| Mar 23, 2022 | Sold | ||
| Sold | |||
| May 13, 1999 | Sold | ||
| Sold | |||
Property Highlights
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About Westchester
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017