5 Forest Street
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 |
|---|---|---|---|
| Feb 27, 2019 | Sold | ||
| Sold | |||
| Jan 21, 2019 | Listed by Churchill Properties | $350,000 | |
| Listed by Churchill Properties | |||
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Just around the bend from Rockport’s premier beaches, Front & Back Beach, extending into Rockport Village with its shopping district rests this charming nostalgic colonial home. Enter the home and note a traditionally laid out first-floor plan with living room, dining room, eat-in kitchen and an office area. Rooms are lite, open and airy. The second floor offers two good-sized bedrooms to include a master bedroom with a large dressing room and a full bath. Hardwood floors grace the living room, office area and underlay the dinging room. wood floors above. Extra amenities include interior-exterior accessible basement with concrete floor, enclosed back porch and an easily accessible spacious attic. Improvements include all new systems, a Burnham boiler, hot water tank and electric panel. The home awaits its finishing touches with its new owner. Quick access to Rte. 127 and to the commuter rail to Boston. Enjoy a quaint seaside New England village and beautiful Cape Ann!
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| Dec 2, 2018 | No longer available | - | |
| No longer available | |||
| Dec 1, 2018 | Price Decreased |
$349,000
↓ $10K
(2.8%) | |
| Price Decreased | |||
| Oct 5, 2018 | Price Decreased |
$359,000
↓ $20K
(5.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017