511 Forest Avenue
About This Property
Lovely entry Foyer opens to gracious flowing floorplan including a front to back enclosed Sunporch, Living Room, Lrg.DiningRoom and Modern High-Tech Kitchen. Beautiful Period Staircase and Windows authenticate this architectural beauty!
Surrounded by it's stunning perennial gardens, L. I. Sound, the beach, Rye Town Park, shops and eateries are just steps away.
Good usable space from top to bottom, all in fine condition. Call agent with any further questions and to learn of all upgrades and improvements. Check taxes and square footage with municipality. Additional Information: ParkingFeatures:1 Car Detached,
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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 25, 2021 | Sold | ||
| Sold | |||
| Aug 30, 2021 | In contract | - | |
| In contract | |||
| Jul 26, 2021 | Listed by Houlihan Lawrence Inc. | $1,285,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017