56 Forrest St
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 |
|---|---|---|---|
| Nov 30, 2015 | Sold | ||
| Sold | |||
| Sep 21, 2015 | Listed by Proline Realty, Inc. | $279,900 | |
| Listed by Proline Realty, Inc. | |||
| Nov 29, 2012 | Sold | ||
| Sold | |||
| Mar 7, 2011 | Listed by Bayshore's Capital and Real Estate, Inc. | $194,900 | |
| Listed by Bayshore's Capital and Real Estate, Inc. | |||
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Lovely Country setting! Your own 1.25 acre “piece of paradise” set way off the road. 3 Bdrm RANCH. Open floor plan. Perfect for entertaining! Fam Rm w/beautiful “floor to ceiling” fireplace and cathedral ceiling. Kitchen w/breakfast bar. Nice size Master bedroom. Finished basement. C/a, Handicap accessible, including ramp. ** Needs new septic system. Buyer should have rehab loan or cash. Great opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017