524 Young Forest Drive
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 |
|---|---|---|---|
| Jul 30, 2024 | Sold | ||
| Sold | |||
| May 10, 2024 | Listed by Spencer Properties | $400,000 | |
| Listed by Spencer Properties | |||
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Easy one floor living on almost 1 acre private homesite! All bedrooms down including the primary suite featuring whirlpool tub, dual sink vanity & walk-in closet. Spacious bonus room with half bath on 2nd fl. Grand family rm boasts vaulted ceiling, built-in's & cozy gas log fireplace. Beautiful & functional kitchen has white cabinets, stainless appliances, breakfast bar & dining area. Rear deck overlooks wooded backyard with pool & hot tub! Minutes to Downtown Wake Forest, retail, dining & healthcare.
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| Jun 26, 2013 | Sold | ||
| Sold | |||
| Jul 3, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017