58 Forest Park 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%.
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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.
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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 |
|---|---|---|---|
| Oct 28, 2022 | No longer available | - | |
| No longer available | |||
| Oct 25, 2022 | Sold | ||
| Sold | |||
| Sep 16, 2022 | In contract | - | |
| In contract | |||
| Aug 30, 2022 | Listed by RE/MAX Shoreline | $299,900 | |
| Listed by RE/MAX Shoreline | |||
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Rare find! Well kept and maintained within the family for over 24 years. Beautiful 2 bedroom, 1 bath with easy potential to add an additional bedroom in the finished basement. This lot is oversized at .67 acres --- one of the largest lots in the neighborhood. Features a good roof, brand new septic system, spacious rooms throughout, and true hardwood floors. Built in 1977, all big features and structures are sound and ready for a new first time home owner, or small family looking to move to an excellent well-liked neighborhood. Gorgeous deck and large backyard for hosting, pets, family gatherings, etc. The finished basement features a new, efficient propane heating system, with potential of being a man-cave, third bedroom, home-gym, craft room, work-from-home-office, and many more options. Lots of room for storage in the basement, along with a brand new washer / dryer. Gardeners take notice of the gorgeous flower beds wrapping around the front, with endless potential. Delayed Showings until the open house on Friday, September 2, between 4 to 6PM, and Saturday, September 3 between 1 to 3PM. The manager has listed the unit size as 1458 square feet.
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| Mar 10, 2022 | Listed by RE/MAX Shoreline | $319,900 | |
| Listed by RE/MAX Shoreline | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017