755 FORREST DRIVE
About This Property
IMPORTANT: ¼-acre lot PLUS adjacent west lot is INCLUDED IN THE PRICE (MLS: P4937177) The expanded land offers new construction or additional development potential
Solar panels provide long-term energy savings and added value
Mature shade and fruit trees in a peaceful natural setting, has a fire pit and privacy.
Interior has original finishes-ready for value-add renovations
Located in a quiet, established Bartow neighborhood near schools, parks, and downtown
Strong upside for investors seeking appreciation, rental income, or redevelopment
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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 23, 2026 | Sold | ||
| Sold | |||
| Jan 22, 2026 | In contract | - | |
| In contract | |||
| Dec 31, 2025 | Price Decreased |
$169,900
↓ $100
(0.1%) | |
| Price Decreased | |||
| Dec 27, 2025 | Price Decreased |
$170,000
↓ $10K
(5.6%) | |
| Price Decreased | |||
| Dec 21, 2025 | Price Increased |
$180,000
↑ $30K
(20%) | |
| Price Increased | |||
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About Richland Manor
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$1,900 /mo
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$1,700 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017