49 FOREST PARK DRIVE
About This Property
Designed for today's buyer, the open-concept main level boasts a modern eat-in kitchen with a large statement island that flows seamlessly into the bright dining and living areas, perfect for entertaining, hosting holidays, or simply enjoying everyday life. Plus, outdoor space with a 10x10 deck off the kitchen.
Upstairs, retreat to a spacious owner's suite featuring a walk-in closet and a bath with double sinks. Two additional rooms, including a flexible study provide the ideal setup for a home office, guest space, or hobby room, plus the convenience of upstairs laundry.
The finished lower-level recreation room adds even more living space, perfect for a media room, home gym, or game room, while offering additional storage as well as outdoor space with a 10x10 patio.
New construction and built for modern living. Don't miss your opportunity to make 49 Forest Park Drive your new home. Schedule your tour today!
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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 |
|---|---|---|---|
| Oct 3, 2026 | In contract | - | |
| In contract | |||
| Sep 28, 2026 | Price Decreased |
$424,990
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Sep 14, 2026 | Price Decreased |
$434,990
↓ $4K
(0.9%) | |
| Price Decreased | |||
| Sep 11, 2026 | Listed by D.R. Horton Realty of New Jersey | $438,990 | |
| Listed by D.R. Horton Realty of New Jersey | |||
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| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017