702 Forest Drive
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 |
|---|---|---|---|
| Apr 11, 2025 | Sold | ||
| Sold | |||
| Feb 16, 2025 | In contract | - | |
| In contract | |||
| Feb 11, 2025 | Listed by Hunt Real Estate ERA | $249,900 | |
| Listed by Hunt Real Estate ERA | |||
| | |||
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**UPDATE OPEN HOUSE HAS BEEN CANCELLED FOR 2/16/25** Welcome to this beautifully updated 3-bedroom, 2-bathroom home boasting over 1,800 sq. ft. of living space! This home offers modern updates, energy-efficient features, and an inviting open-concept layout perfect for comfortable living.
Step inside to find a bright and airy living area, seamlessly flowing into a spacious kitchen with direct access to a newer patio and floating deck, perfect for entertaining and relaxing outdoors. The newer vinyl siding and updated Comfort windows (with a lifetime warranty) enhance both curb appeal and energy efficiency.
Stay comfortable year-round with a high-efficiency furnace and central air (installed in 2017), complemented by blown-in insulation (2015) and closed-cell insulation for the roof, rim joists, and first floor - ensuring maximum comfort and cost savings. Both bathrooms have also been updated in recent years.
Outside, enjoy privacy with a newer vinyl fence enclosing your outdoor retreat. A large double-wide driveway provides ample parking space, making this home as functional as it is beautiful.
Don’t miss this opportunity—schedule your showing today and make this move-in-ready home yours!
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| Sep 27, 2018 | Sold | ||
| Sold | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017