7 Forest Lane
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 |
|---|---|---|---|
| Mar 25, 2013 | Sold | ||
| Sold | |||
| Oct 4, 2011 | Listed by Coldwell Banker Realty - Gloucester | $457,000 | |
| Listed by Coldwell Banker Realty - Gloucester | |||
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Turnkey,newly renovated Royal Barry Wills style cape nestled in a beautiful,private wooded setting overlooking pond and stream. Granite walkways. Renovation included all aspects of the house including granite countertops and custom cabinets in the kitchen, new electrical system, some windows, and refinished floors.Convenient to highways, shopping and recreational areas.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017