79 Forest Rd
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 |
|---|---|---|---|
| Aug 20, 2014 | Sold | ||
| Sold | |||
| May 20, 2014 | Listed by Weichert Realtors PEYT/Seabrook | $254,900 | |
| Listed by Weichert Realtors PEYT/Seabrook | |||
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This nicely laid out 3 bedroom, 2 bath house features an eat-in kitchen, formal dining room and a large living room with fireplace. Fireplace currently has a wood stove in place but chimney is lined if you prefer to use as an open fireplace. Large master bedroom with private bath. Spacious entry is welcoming to friends and family. New roof last year. With a little TLC this would make a great first home or retirement home.
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| May 9, 2014 | Listed by Weichert REALTORS® Points East Yankee Trader | $254,900 | |
| Listed by Weichert REALTORS® Points East Yankee Trader | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017