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60 Forester Street
About This Property
Set on a quiet one-way block just moments from local parks and playgrounds, this beautifully maintained 3-bedroom, 2-bath home offers direct bay-side canal access with seamless navigation to the ocean at all tide levels-an ideal setting for boating enthusiasts and those seeking a relaxed waterfront lifestyle.
The home's exterior features classic cedar shingles, Trex decking, and low-maintenance PVC fencing, creating both charm and durability. Inside, the living room is warm and inviting, anchored by hardwood floors and a wood-burning fireplace that has been meticulously maintained. Modern comforts include newly installed ductless mini-split systems for efficient heating and cooling throughout.
The layout is both functional and flexible, offering a dedicated playroom or multipurpose space in addition to a private office. The oversized second-floor primary suite serves as a true retreat, complete with a large landing area, private office, and a newly renovated en-suite bathroom. A private balcony adds an additional layer of charm and relaxation.
The kitchen is equipped with a professional-grade microwave/convection oven, blending everyday convenience with elevated functionality.
Outdoors, the property truly shines. The expansive backyard is complemented by a perennial English garden, a beautifully designed stone patio ideal for a fire pit or entertaining, and a side yard perfectly suited for boat storage or additional equipment.
The waterfront improvements are exceptional. The property has been backfilled approximately 1.5 feet higher than the previous bulkhead, offering added protection and longevity. A brand-new bulkhead pairs with a 40-foot dock, complete with separate water and 220-volt electric service-capable of accommodating a large boat or yacht with ease.
Additional highlights include parking for up to five cars, a one-car garage, and abundant storage throughout.
This is a rare opportunity to own a turnkey waterfront home that balances charm, functionality, and serious boating capability-all in one of Long Beach's most desirable canal locations.
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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.
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 |
|---|---|---|---|
| Oct 10, 2026 | In contract | - | |
| In contract | |||
| Sep 17, 2026 | Relisted | $795,000 | |
| Relisted | |||
| Jun 19, 2026 | In contract | - | |
| In contract | |||
| Apr 27, 2026 | Listed by Douglas Elliman Real Estate | $1,125,000 | |
| Listed by Douglas Elliman Real Estate | |||
| May 3, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017