37
Map
601 Forest Hill Boulevard
About This Property
Upon entry you are welcomed by the heart of the home, a spacious kitchen boosting a center Island, seamlessly following into the dining room. The grand living room captivates with its 13 feet high pecky cypress beamed ceiling, a striking fireplace, and the warm glow from original stained-glass windows and original pecky cypress door.
The large primary suite conveniently located on the 1st floor features a vaulted ceiling and 3 closets. Ascend to the 2nd story, where you'll find 3 additional bedrooms and 2 beautifully appointed bathrooms. 2 of these bedrooms offer walk in closets and share a chic jack and jill bathroom with a walk-in shower and double vanity. The 3rd bedroom on this floor is versatile, ideal for an office/den, but has 2 large closets in the hallway outside the bedroom, the 2nd bath on this floor, offers a bathtub.
The 3rd story studio is accessed from the outside spiral staircase with vaulted wood ceiling and would make a great art studio or teen hang out space, there is also an enclosed carport great for storage or possibly convert for even more living space through the door in the living room.
Conveniently located to shops, restaurants, downtown West Palm Beach, The Park golf course and I95.
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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 |
|---|---|---|---|
| Jun 16, 2025 | Sold | ||
| Sold | |||
| May 14, 2025 | In contract | - | |
| In contract | |||
| Apr 11, 2025 | Price Decreased |
$1,049,999
↓ $50K
(4.6%) | |
| Price Decreased | |||
| Feb 12, 2025 | Price Decreased |
$1,099,999
↓ $50K
(4.4%) | |
| Price Decreased | |||
| Dec 16, 2024 | Price Decreased |
$1,149,999
↓ $50K
(4.2%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Price/ft²
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About Forest Ridge Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017