516 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 |
|---|---|---|---|
| Sep 16, 2015 | Sold | ||
| Sold | |||
| Aug 13, 2015 | Listed by Century 21 Adams Lawndale | $499,000 | |
| Listed by Century 21 Adams Lawndale | |||
| May 30, 2013 | Sold | ||
| Sold | |||
| Jan 17, 2013 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $399,900 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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INVITING RANCH IN DESIRABLE FOREST STREET/BENTLEY/BELMONT LINE AREA! This 7 room 3 bedroom 2 bath home features open livingroom/diningroom area with fireplace, modern kitchen, jalousie window enclosed porch overlooks large private back yard. Finished lower level family room with bar & full bath and lots of storage, attached 1 car garage with interior access, oak floors, 2 bay windows, gas heat,hw, cooking. Central air, large lot makes for easy expansion.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017