5806 Forest Land Drive
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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 |
|---|---|---|---|
| Dec 6, 2022 | Sold | ||
| Sold | |||
| Aug 29, 2022 | Listed by Century 21 Top Realty | $279,999 | |
| Listed by Century 21 Top Realty | |||
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Well maintained brick single-story 3/2/2 home on a quiet cul-de-sac street! Light & bright with tile floors throughout (no carpet!)! Grand living/den with well-appointed gas fireplace! Huge dining area (currently used as an office). Spacious island kitchen with tons of storage space, gas range, breakfast bar AND breakfast area! Primary bedroom has vaulted ceilings & doors leading to the spacious covered back patio + generous ensuite with separate shower, soaking tub & massive walk-in closet! Recent roof & AC + landscaped to perfection on a wonderfully shady lot with mature trees! Don't miss out - come see it today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017