707 FOREST GLEN ROAD
About This Property
Life at 707 Forest Glen extends well beyond the front door. It is a neighborhood where community is part of the rhythm of everyday life. Summers bring block parties, fall means neighborhood-wide Halloween celebrations, and the South Four Corners Civic Association keeps the calendar full with events throughout the year. One of the most beloved traditions is the Porch Music Fest, when neighbors perform on their front lawns and the entire area comes together for a festival-like afternoon. Getting outside is effortless as Sligo Creek Park is just a short walk away, quickly becoming part of your daily routine with morning runs, after-dinner strolls, or quiet weekend resets. Nearby parks and playgrounds make it easy to fit in fresh air and playtime without planning ahead. When summer evenings arrive, the neighborhood truly shines. Sligo Golf Course hosts free concerts every Friday night throughout the summer and into early fall, one of those simple joys that makes you feel especially lucky to live nearby.
Improvements
Exterior repainted (Oct 2025)
New garage door opener ( Sept 2025)
New den carpet (Aug 2025)
Attic storage build-out -raised flooring for usable storage( May 2025)
Remodeled kitchen (Jan 2025)
Remodeled primary bathroom (Dec 2024)
Interior painting throughout (Aug 2024)
New front door (Jan 2024)
Custom landscaping in rear ( Sept 2022)
New HVAC -AC, furnace & hot water heater (July 2022)
Added EV 240V, 50 Amp outlet to garage ( July 2022)
New roof over den( Nov 2021)
New cedar fencing and gate (Feb 2021)
Patio and firepit ( Sept 2020)
New basement flooring ( Feb 2020)
New washing machine and tumble dryer (Jan 2020)
New shed (July 2019)
New light fixtures throughout ( 2019–2024)
New ceiling fans throughout ( 2019)
New gas chimney liner ( Dec 2018)
New 120V electrical outlets added to garage + lighting ( Oct 2018)
Wardrobe installed in primary bedroom ( Oct 2018)
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Cap Rate Calculator
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
Property Highlights
Building Info
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About Silver Spring
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$2,900 /mo
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$4,000 /mo
- 4 Beds
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- 2,522 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017