55 Forge Lane
About This Property
Relax year-round in the screened-in rear porch, ideal for enjoying every season in comfort. The home also offers ample storage with attic space and a convenient porch closet. Front Walkway has been professionally landscaped and is adjacent to residential neighborhood. Enjoy the convenience of two parking spots right in front of the unit. Community is pet friendly; has its own dog park! Residents of Strathmore Gate East enjoy access to a wide array of amenities, including a clubhouse and amenity center, fitness center, outdoor pool, ballroom, library, billiards, bocce ball courts, and a communal outdoor patio. Homeowner only pays electric and cable. LOW HOA fee $210 per month includes water, snow removal and lawn maintenance. Beautifully refreshed, this home offers comfort, style, and a vibrant lifestyle-all within a well-maintained 55+ community.
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Cap Rate Calculator
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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/25/2022
|
2 Bed
|
1 Bath
|
-
|
$319,990
2 Bed
1 Bath
|
-
-
|
Laura Blanco
RE/MAX Signature Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017