57 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 |
|---|---|---|---|
| Jul 8, 2024 | Sold | ||
| Sold | |||
| May 15, 2024 | Listed by Coldwell Banker Realty - Boston | $649,000 | |
| Listed by Coldwell Banker Realty - Boston | |||
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Charming Stoneham home, loved and cared for by the same homeowner for over 60 years. Nestled on 0.23 Acres in the highly sought after Robin Hood school district. This sun-filled home exudes character throughout its entirety. An excellent opportunity to build equity with some TLC and potential expansion including 3 large bedrooms and an office space. This home boasts a lovely terracotta style indoor patio with sliding doors leading to the backyard deck and built in chiminea perfect for summer evenings. Close to Redstone Plaza for all your desired amenities and the bus that takes you to the Melrose commuter rail and T stations. Located near 93/95 and 128 for a seamless commute.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017