51 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 |
|---|---|---|---|
| Jun 11, 2024 | Sold | ||
| Sold | |||
| May 1, 2024 | Listed by Berkshire Hathaway HomeServices Warren Residential | $729,000 | |
| Listed by Berkshire Hathaway HomeServices Warren Residential | |||
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Nestled in Birch Meadow, a beloved enclave in Reading, discover a charming 3-bedroom ranch bathed in sunlight on a lush 0.3-acre fenced in lot. Inside, hardwood floors grace the living space, accented by a snug wood-burning fireplace and ample windows. The kitchen boasts modernity with custom cabinets, granite countertops, and stainless-steel new appliances, seamlessly flowing into the dining area and onto the expansive composite deck, perfect for gatherings. Beyond, a fenced yard invites outdoor bliss and future expansion opportunities. A finished basement, with plush new carpeting, offers versatility as a playroom, gym, or home office, along with a new and inviting laundry room.. Enjoy modern comforts with newer HVAC, fresh exterior paint, replacement windows, and an irrigation system, all crowned by the coveted amenity of central air. Convenience is key, with proximity to Boston, a commuter rail mere minutes away, and schools within strolling distance.
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| Jul 24, 2020 | Sold | ||
| Sold | |||
| Jun 3, 2020 | Listed by Berkshire Hathaway HomeServices Warren Residential | $549,999 | |
| Listed by Berkshire Hathaway HomeServices Warren Residential | |||
| Aug 28, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017