770 N Forest Cove Loop
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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 |
|---|---|---|---|
| Sep 24, 2021 | Sold | ||
| Sold | |||
| Jun 16, 2021 | Listed by Malone Real Estate Group | $234,999 | |
| Listed by Malone Real Estate Group | |||
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This move-in ready lake house on a corner lot with an open concept living, dining and kitchen is the perfect starter home or weekend getaway. The large windows and high ceilings in the living area create a spacious and roomy feel while also providing lots of natural light. The primary bedroom is located on the first floor with ensuite bathroom. Additional two bedrooms with an additional full bath on the first floor. The 4th bedroom/gameroom is located up the spiral staircase with a landing overlooking the living area. Expansive wrap around deck. The enclosed car port provides ample space for additional storage including ATV's or golf carts. This would also work well for short term rentals such as VRBO and AirBnB. Situated in the desirable Cape Royale community with 24 hour manned & gated access.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017