770 Forest Avenue
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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 23, 2017 | Sold | ||
| Sold | |||
| Mar 8, 2017 | Listed by Houlihan Lawrence Inc. | $2,945,000 | |
| Listed by Houlihan Lawrence Inc. | |||
| Sep 6, 2013 | Sold | ||
| Sold | |||
| Mar 2, 2013 | Listed by Houlihan Lawrence Inc. | $2,499,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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It's all about lifestyle in this light and bright colonial with water views from several of the generously proportioned rooms. Sit on your front porch and enjoy watching and smelling salt water swells from the Long Island Sound each day. Walk across the street to Kniffen Cove, around the corner to Milton School, and just minutes further to Rye Town Park and Beach, the Rye City Marina, and several private beach clubs. Who needs a beach house? Square footage and taxes per town, please verify. Additional Information: ParkingFeatures:2 Car Attached,
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017