53 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 |
|---|---|---|---|
| Apr 11, 2024 | Sold | ||
| Sold | |||
| Mar 11, 2024 | In contract | - | |
| In contract | |||
| Mar 5, 2024 | Listed by Berkshire Hathaway HomeServices Robert Paul Properties | $399,900 | |
| Listed by Berkshire Hathaway HomeServices Robert Paul Properties | |||
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This delightful two-bedroom home presents an exceptional opportunity for a range of buyers, including first-time homeowners or downsizers. Upon entering, you're welcomed into an expansive open space that combines the living, dining, and kitchen areas. The cathedral ceiling enhances the sense of openness and light, making it an ideal space for entertaining or simply relaxing. Adjacent to the kitchen is a private deck featuring a pergola. This outdoor area is perfect for enjoying a cup of tea or evening relaxation in a quiet space. The home has 2 bedrooms and a bathroom on the 1st floor. The basement has a flexible bonus space that can serve a multitude of purposes according to your needs. This added space has a second bathroom, enhancing the home’s functionality. Detached garage space offers secure parking or additional storage. Gas heat. The property has a passing Title V. Close to conservation land as well as a public golf course.
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| Aug 6, 2008 | Sold | ||
| Sold | |||
| Jul 15, 1994 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017