631 W Forest Drive
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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 |
|---|---|---|---|
| Mar 4, 2024 | Sold | ||
| Sold | |||
| Feb 22, 2024 | In contract | - | |
| In contract | |||
| Feb 16, 2024 | Listed by Martha Turner Sotheby's International Realty | $1,195,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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This updated home is the ideal combination of modern amenities and neighborhood charm, located in prestigious Yorkshire neighborhood. Gleaming hardwoods throughout living areas unite the home! Formal dining room open to the study complete with built-in cabinets. Kitchen is a true cook’s delight w/granite counters, stainless steel appliances & large island open to the Family Room. Breakfast Rm w/French doors overlooks the pool. Primary bedroom down w/two walk-in closets, ensuite bath features separate shower & tub. There is an additional bedroom down w/full bath. Upstairs there are 3 bedrooms & 1 full bathroom - carpet replaced in 2020. The backyard is a private oasis, perfect for outdoor dining or enjoying a morning coffee. In addition to the pool area, there is a separate section of greenspace that currently features raised beds for the avid gardener. Roof 2016, Anderson windows 2021. Seller has done many upgrades over the years & the home is move-in ready.*all info per Seller
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017