5 Sterling Forest Lane
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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.
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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 26, 2024 | Sold | ||
| Sold | |||
| May 25, 2024 | In contract | - | |
| In contract | |||
| May 15, 2024 | Listed by Coldwell Banker Realty | $950,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
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Welcome to 5 Sterling Forest Lane, in the desirable Montebello Estates development. This beautifully maintained colonial has great curb appeal, a backyard haven with lush landscape and a gorgeous in-ground gunite pool plus a cabana. Featuring 4 bedrooms, 2 full bathrooms, 1 half baths The seamless flow makes it easy to organize your everyday life and offers a fantastic place for entertaining. As you step inside, you will be greeted by an abundance of natural light. The eat-in kitchen has ample cabinetry, a large pantry, and granite counters. With hardwood floors throughout, the dining room is perfect for everyday or formal dining. The living room has a wood-burning fireplace and the spacious family room has sliders that open to the amazing backyard. An updated half bath, mudroom and access to the 2 car garage complete the first floor. Upstairs, the spacious primary bedroom has an ensuite renovated bath, 3 more bedrooms and another remodeled full bathroom. The lower level offers laundry room and an unfinished room, perfect for storage or easily transformed into more finished space. The ultra private backyard features a large patio with a built in cooking area. Enjoy al fresco dining under a star-filled sky, or lounge poolside and enjoy a meal with friends and family. The fenced-in pool is set back beyond the patio and features a cabana with bathroom. Surrounded by mature landscape and gorgeous perennials, you will relish relaxing in your private oasis. Perfect as a weekend retreat or year round residence, Montebello is where you can appreciate the beauty of the Hudson Valley's many hiking trails and state parks. Close to Spook Rock Golf Course, shopping & restaurants! Award winning Suffern schools. Easy commute to NYC, Westchester and New Jersey.
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| Nov 6, 1996 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017