615 Forestview Avenue
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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 |
|---|---|---|---|
| Mar 15, 2024 | Sold | ||
| Sold | |||
| Dec 15, 2023 | Listed by Dream Town Real Estate | $599,000 | |
| Listed by Dream Town Real Estate | |||
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Move right in to this beautifully updated ranch style home, steps away from Wildwood Nature Center, Park district. Updates include AC 2021, roof 2020, replaced windows. Entire home repainted 2022. Hardwood floors refinished in 2022.Custom blinds throughout 1st floor. The windows throughout the first floor bring an abundance of natural light. Kitchen has all new stainless appliances 2022, with eat in dinning area and beautiful fixtures. 3 great size bedrooms on the main floor. 2 full baths that have been updated, the basement bathroom gives a spa like feel with a steam shower. The lower level features a family room with surround sound, a wet bar that was remodeled in 2022, perfect for serving guests, with sink, wine fridge and dishwasher. 4th bedroom/office on lower level has great closet space with full bath right next door, great escape for your guests. Abundance of storage! Overhead sewers, tank less water heater, portable generator port and sump pump. Fenced yard is an entertainers dream with paver patio, several gardens, outdoor kitchen and shed. One car garage with an electric car charger installed for your convenience.
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| Jun 9, 2022 | Sold | ||
| Sold | |||
| May 12, 2022 | Listed by Berkshire Hathaway HomeServices Chicago | $575,000 | |
| Listed by Berkshire Hathaway HomeServices Chicago | |||
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About Park Ridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017