60 Forest Rd
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 |
|---|---|---|---|
| Jun 15, 2022 | Sold | ||
| Sold | |||
| Mar 30, 2022 | Listed by Rawding Realty | $749,900 | |
| Listed by Rawding Realty | |||
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Updated & Expanded Cape. 1st floor master bedroom with gorgeous new tiled bathroom, 2 additional bedrooms upstairs, 2.5 baths, gorgeous SS kitchen w/ quartz countertops, 1st floor laundry/mudroom, firelace living room and hardwood flooring. On-demand water heater, forced air heating system, new septic. Attached 2-car garage has (2) unfinished rooms (900sf) ready to be finished for additional living space. 5-car garage outbuilding has an additional 1340sf above ready to be finished. Natural Gas available at street. Great location near Schools and Town Center. 2.5 Miles to Norfolk T.
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| May 1, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017