561 Forest 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 |
|---|---|---|---|
| Aug 19, 2024 | No longer available | - | |
| No longer available | |||
| May 8, 2024 | Listed by Realty Executives Metro South | $350,000 | |
| Listed by Realty Executives Metro South | |||
| | |||
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This property would be a buildout project. The structure is a two-floor post and beam barn style in excellent condition. The buildout would look amazing with exposed post and beams and a open floor plan. The zoning is residential but the previous owners have used it as warehouse space. Seller has a approved 4 Bedroom septic plan and Conservation order of conditions. Town water is available. Please see attached documents
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| Dec 13, 2018 | Sold | ||
| Sold | |||
| Oct 26, 2018 | Sold | ||
| Sold | |||
| Sep 10, 2018 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017