744 Forest Glen Road
About This Property
Nestled on a sprawling double, corner lot, this property offers the perfect blend of classic character and modern comforts. The expansive ground level layout features 3 spacious bedrooms and 2 bathrooms, a great room with vaulted ceilings, a separate den, home office or reading room, and a bright and airy island kitchen with walkout to beautifully landscaped pollinator garden, providing ample space for both relaxation and entertaining.
The finished, bonus half-story loft features an additional spacious suite with additional full bath. Recent renovations to this wonderful home include durable, hard-scraped laminate flooring, two bathrooms completely updated with stylish vessel sinks, and additional storage closets. Discover the warm, cozy and inviting atmosphere this stunning and unique home radiates with beautiful hardwood floors, gorgeous contemporary terracotta tiles, large picture windows that flood the living spaces with natural light, and a cozy wood-burning fireplace in the den. The spacious kitchen is perfect for hosting gatherings and entertaining and maintains its vintage charm while offering modern stainless steel appliances and plenty of cabinet and counter space for the home chef. Lake Sapphire's tranquil setting offers residents private lake and park access for year-round outdoor activities, while being just minutes from Monroe's shops, restaurants, and all major commuter routes. This well loved home is a true gem, offering a rare opportunity to enjoy classic charm in one of Monroe's most sought-after communities. Don't miss your chance to make it yours! Additional Information: ParkingFeatures:2 Car Attached,
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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
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 21, 2025 | Sold | ||
| Sold | |||
| Dec 25, 2024 | In contract | - | |
| In contract | |||
| Nov 23, 2024 | Relisted | $475,000 | |
| Relisted | |||
| Nov 23, 2024 | No longer available | - | |
| No longer available | |||
| Nov 1, 2024 | Listed by Howard Hanna Rand Realty | $475,000 | |
| Listed by Howard Hanna Rand Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017