79 Forest Avenue
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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%.
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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 |
|---|---|---|---|
| Jul 1, 2024 | Sold | ||
| Sold | |||
| May 30, 2024 | Listed by Keller Williams ONEChicago | $615,000 | |
| Listed by Keller Williams ONEChicago | |||
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This lovely modern yet timeless home boasts an ideal location, with the town, train station, and all local schools within a half-mile radius. Renovated in 2016, every detail was meticulously crafted to ensure longevity. Upon entering, a distinctive three-season room with sleek black limestone floors beckons you to savor the beauty of each season. Natural light fills the home, showcasing the spacious living and dining rooms through large picture windows. The thoughtful layout design allows for seamless entertaining and relaxation. The kitchen features quartzite countertops, an island, and ample cabinet space. The first floor hosts two well-appointed bedrooms with great closet space and a full bathroom. Upstairs, discover a third bedroom and a generous primary suite with a spa-like master bath including a double walk-in shower, dual vanity, two large closets, and plenty of storage. A recent addition is the finished basement, offering extra living space with room for movie nights or watching the game, plus an office or guest bedroom. There is a sizable storage area and direct access to the attached garage. Outside, the backyard oasis features a deck for grilling, a spacious lawn, a paver patio, and a bonfire area. This house offers the best of both worlds - proximity to town and all Riverside amenities, as well as a large yard and a beautifully designed living space. Ready for you to move in and make lasting memories, this home is located in the historic Village of Riverside, just 11 miles from Chicago, recognized as one of the "Ten Towns That Changed America".
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| Sep 13, 2021 | Sold | ||
| Sold | |||
| Aug 11, 2021 | Listed by Baird & Warner | $549,000 | |
| Listed by Baird & Warner | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017