49 Forge Lane #49
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%.
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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 |
|---|---|---|---|
| Nov 21, 2024 | Sold | ||
| Sold | |||
| Oct 16, 2024 | In contract | - | |
| In contract | |||
| Sep 27, 2024 | In contract | - | |
| In contract | |||
| Sep 8, 2024 | Listed by Century 21 KR Realty | $355,000 | |
| Listed by Century 21 KR Realty | |||
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Welcome to this large Cornwall model in the prestigious, quiet, and pet friendly Strathmore Gate East 55+ community with low common charges. This impressively decorated home features new laminate floors throughout and a large eat-in-kitchen with updated cabinets, granite countertops, stainless-steel appliances, and two sun tunnels for added natural light. It also features a spacious dining area for formal meals with sliding glass doors leading to a patio with an impressive view of the professionally landscaped property. The large living room is a perfect place for large gatherings. The master and guest bedrooms are both carpeted and close to an updated bright and airy updated bathroom with an additional sun tunnel for natural light. There are separate thermostats in each room allowing for the efficient use of heat. The large attic with pull-down stairs is perfect for extra storage, The home is located close to the clubhouse featuring a gym, library, game room and a separate area for community meetings or parties. Residents can also enjoy the in-ground pool with a separate BBQ area with chairs and tables which are perfect for meeting with your friends in the community. The home is close to major highways for easy commuting and to shopping and to the many restaurants in the area. It is also convenient for those residents who wish to visit the parks, beaches, farms or wineries on the mainland or who want to take a ferry ride to the renowned Fire Island beaches or take a longer trip to the Hamptons. Make this unique home yours, enjoy the lifestyle it offers and never look back
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/08/2024
|
2 Bed
|
1 Bath
|
-
|
$355,000
2 Bed
1 Bath
|
$370,000
+4.23%
11/21/2024
|
Robert Ponzi
Century 21 Bays Edge Realty In
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017