514 Forest Avenue
About This Property
Gracious living room with fireplace. Opens into Family Room/sunroom. Dining room provides space to entertain and has wonderful views of Long Island Sound. Updated eat in kitchen with granite counters. Sliding doors from kitchen open to rear deck, another room for
Summer Living! Laundry Room on first floor. Master Bedroom suite and Sitting RM. 3 Family Bedrooms and Hall bath on second floor, 5th bedroom and bath on 3rd floor. Abundant storage. Fenced yard with beautiful magnolia tree.
Opportunity not to be missed! Additional Information: HeatingFuel:Oil Above Ground,
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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 30, 2015 | Sold | ||
| Sold | |||
| Feb 8, 2015 | Listed by Julia B Fee Sothebys Int. Rlty | $1,295,000 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017