5823 Forest Trails Drive
About This Property
Outdoor living shines with a 360-sq-ft covered patio featuring a fully equipped outdoor kitchen-perfect for hosting gatherings or enjoying quiet evenings at home. The detached garage offers rare flexibility, complete with a climate-controlled office and its own split unit-ideal for remote work, a studio, or hobby space.
With a large detached garage unlike others in the neighborhood, this property offers space and versatility you won't see every day.
If you've been waiting for a home with meaningful upgrades and flexible space-this is your opportunity. Schedule your private showing today.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 30, 2026 | Sold | ||
| Sold | |||
| Apr 10, 2026 | In contract | - | |
| In contract | |||
| Feb 12, 2026 | Price Decreased |
$350,000
↓ $15K
(4.1%) | |
| Price Decreased | |||
| Jan 20, 2026 | Price Decreased |
$365,000
↓ $15K
(4%) | |
| Price Decreased | |||
| Jan 6, 2026 | Price Decreased |
$380,000
↓ $15K
(3.8%) | |
| Price Decreased | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Windsong
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,800 /mo
- 3 Beds
- 2 Baths
- 1,748 ft²
$2,200 /mo
- 3 Beds
- 2 Baths
- 1,786 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017