47 Forest Ter
Payment Calculator
Your Estimated Monthly Payment
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 12, 2024 | Sold | ||
| Sold | |||
| Apr 20, 2024 | In contract | - | |
| In contract | |||
| Apr 3, 2024 | Listed by Weichert Realtors, Wayne | $580,000 | |
| Listed by Weichert Realtors, Wayne | |||
| | |||
|
For info & showings call Reiley Phelan 201-951-4877 Packanack Lake ranch with cedar shake brick front, and diamond-accented windows is waiting for you to bring your dreams to life. Boasting almost 2100 sq ft of living space (+full unfinished walk-out basement 1900 sq ft). Entry foyer with coat closet leads to the cathedral ceiling living room with gas fireplace. French doors open into the spacious dining room with crown molding and large storage closet. Eat in kitchen includes large pantry and accesses the beam-accented family room with skylight. Right wing includes 3 bedrooms, 2 full baths (master with stall shower, common bath with tub shower), enclosed staircase up to the 4th bedroom (accessing attic) and staircase to the basement with laundry, utilities, storage, and workshop. The first floor is accentuated with hardwood floors (under bedroom carpets), and 4 sets of pocket doors. Screened-in porch off the fam rm leads to deck. Driveway for 4 plus 2car tandem detached garage.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017