521 Forest Avenue
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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 |
|---|---|---|---|
| Nov 13, 2020 | Sold | ||
| Sold | |||
| Jun 5, 2020 | Listed by Xcel Realty Service LLC | $3,295,000 | |
| Listed by Xcel Realty Service LLC | |||
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Location! Location! Location! Come and enjoy the most convenient location in Milton Point, Rye, NY. Few Steps away from Rye town park, beach, Playland, restaurants, cafes, school and more... Your dogs will love play-dates at the park. This home & Rye will offer an unparalleled lifestyle. This elegant 2016 Central Colonial home boasts 5Br, 4.5 Bth with a breathtaking seasonal ocean view master suite, extra media/arts room, two fire places, private office, a finished walk out lower level including a media room, exercise room, rec room, bedroom and full bath. Have a cup of coffee in the top of the line open kitchen overseeing the private level yard, with blue stone terrace and back deck. This quality home including a 16kw Generator, high efficiency appliances, Subzerro Refrigerator, Wolf Stove, Butler pantry, Quartzite Counter , Azek trim, copper gutter, hardwood floors and more... And Room For Swimming Pool!
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| Jun 30, 2016 | Sold | ||
| Sold | |||
| May 30, 2016 | Listed by Julia B Fee Sothebys Int. Rlty | $3,300,000 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
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This is the one! Classic Milton Point new construction, thoughtfully designed with high end materials, custom millwork throughout, and top of the line appliances. This 5 BR, 4.5 Bth Colonial boasts seasonal water views from the master suite, a private office, two fireplaces, a finished lower level which includes an exercise room, media room, rec room and BR/Bth, and more. Quality finishes include quartzite counters, hardwood floors, Azek trim, copper gutters, a 16 kw Generator, The rear deck, blue stone terrace and level property make this a great house for entertaining. Easy living just steps to Rye Town Beach and Park, walk to the Playland market for coffee and essentials,or stroll to On The Way Cafe for a delicious bite, it doesn't get better than this! Ready to move right in. Buyer to pay transfer tax. Additional Information: ParkingFeatures:2 Car Attached,
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017