6631 Forest Mill Lane
About This Property
Game room upstairs can easily be converted into 4th bedroom. Master bath has garden tub and separate shower. Ceiling fans throughout. Large covered patio, play set included. Per Seller: A/C air handler and condenser April 2020, Water Heater and fence January 2019, Water Softener June 2016
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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 |
|---|---|---|---|
| Dec 21, 2021 | Sold | ||
| Sold | |||
| Nov 18, 2021 | Listed by American Republic Realty | $339,900 | |
| Listed by American Republic Realty | |||
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Updated home on large corner lot. Features "Wood Look" tile on first floor, updated kitchen cabinets, backsplash and granite counters. Stainless steel appliances with gas range. 2" window blinds, crown moldings, stone fireplace.
Game room upstairs can easily be converted into 4th bedroom. Master bath has garden tub and separate shower. Ceiling fans throughout. Large covered patio, play set included. Per Seller: A/C air handler and condenser April 2020, Water Heater and fence January 2019, Water Softener June 2016
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017