61 Forest St
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 |
|---|---|---|---|
| Oct 17, 2013 | Sold | ||
| Sold | |||
| Jan 11, 2013 | Listed by Home Center Sotheby's International Realty | $639,000 | |
| Listed by Home Center Sotheby's International Realty | |||
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A rare opportunity for new construction in Milton! Reminiscent of a Vermont countryside, this 3-acre parcel is situated in the lovely Hillside neighborhood. Adjacent to the Blue Hills Reservation, yet only 8 miles to Boston. This is the third lot in a 3-lot only subdivision.
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| Aug 9, 2009 | Listed by Coldwell Banker Residential Brokerage - Milton - Adams St. | $639,000 | |
| Listed by Coldwell Banker Residential Brokerage - Milton - Adams St. | |||
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