48 Forrest Rd
About This Property
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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 |
|---|---|---|---|
| Nov 4, 2016 | Sold | ||
| Sold | |||
| Jul 19, 2016 | Listed by Lamacchia Realty, Inc. | $649,000 | |
| Listed by Lamacchia Realty, Inc. | |||
| Jun 6, 2012 | Sold | ||
| Sold | |||
| Apr 6, 2012 | Listed by Barrett Sotheby's International Realty | $146,900 | |
| Listed by Barrett Sotheby's International Realty | |||
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GREAT WESTFORD LOCATION ! EASY ACCESS TO HIGHWAYS , 3 BEDROOM RANCH WITH ONE CAR GARAGE . GREAT OPPORTUNITY FOR INVESTORS OR 203K BUYERS. THIS IS A FANNE MAE HOMEPATH PROPERTY. YOU CAN PURCHASE THIS PROPERTY FOR AS LITTLE AS 3% DOWN.THIS PROPERTY IS APPROVED FOR HOMEPATH RENOVATION FINANCING. PLEASE REFER TO FLYERS ON PROPERTY OR CALL LISTING AGENT FOR DETAILS
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| Apr 5, 2011 | Listed by Forsley Real Estate | $124,900 | |
| Listed by Forsley Real Estate | |||
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MULTIPLE OFFER NOTIFICATION , ALL HIGHEST AND BEST OFFERS MUST BE RECEIVED NO LATER THAN 005/05/2011 AT 11AM WITH MULTIPLE OFFER FORM ATTACHED TO LISTING , NO EXCEPTIONS . PLEASE SEE THE ATTACHED FORMS TO THIS LISTING. GREAT WESTFORD LOCATION ! EASY ACCESS TO HIGHWAYS , 3 BEDROOM RANCH WITH ONE CAR GARAGE . GREAT OPPORTUNITY FOR INVESTORS OR 203K BUYERS. THIS PROPERTY IS APPROVED FOR HOMEPATH RENOVATION FINANCING. PLEASE REFER TO FLYERS ON PROPERTY OR CALL LISTING AGENT FOR DETAILS.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017