7669 Forest Hills 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 |
|---|---|---|---|
| Jun 11, 2021 | Sold | ||
| Sold | |||
| Apr 28, 2021 | Listed by Fathom Realty | $375,000 | |
| Listed by Fathom Realty | |||
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UNRESTRICTED home on over 3 ACRES. Square Footage does not include all weather sunroom. This small ranch has it all. GREENHOUSE WITH EXHAUST FANS AND TEMPERATURE CONTROLS,RAINWATER CATCHMENT SYSTEM FOR GARDEN IRRIGATION, WORKSHOP, POLE BARN, MULLER BUILDING, ELECTRONIC FRONT GATE, AIR CONDITIONED DOG KENNEL, ABUNDANT CITRUS,APPLE,PEAR,FIG,POMEGRANATE,BLUEBERRY,AVOCADO AND PLUMB TREES. The property is completely fenced in for dogs and cross fenced. The home has NEW ROOF (2021) new HVAC (2021) new dishwasher, raised organic garden bed, front porch and back deck overlooking your own private park like setting. Not a neighbor to be seen. Bring your animals, bring your business or just bring your family to get away and enjoy the tranquility of the country, minutes to amazing schools, shopping and dining.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017