824 Forest Avenue
About This Property
This beautiful 5 bedroom colonial situated on a manicured .25 acres is walking distance to Rye Town Beach & Park and Milton School.
This maintained and beautifully renovated home has it all - a sunlit eat-in kitchen/family room with custom built-ins and sliding door to patio ideal for entertaining, a formal living room with wood-burning fireplace, formal dining room, home office with built-ins, mudroom & powder room complete the main floor. The second floor hosts a primary bedroom with tray ceiling, en-suite bath with steam shower and soaking tub & two walk-in closets, four additional bedrooms, two full baths and laundry. The flat fenced yard has beautiful plantings, plenty of space for play and a bluestone patio perfect for entertaining.
Enjoy all that Rye has to offer – parks, beach, marina, Rye YMCA, Rye Nature Center, Rye Arts Center, Rye Golf & Pool and a downtown with delicious restaurants! Additional Information: Amenities:Soaking Tub,Steam Shower,Storage,HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Attached,
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Cap Rate Calculator
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 16, 2024 | Sold | ||
| Sold | |||
| May 18, 2024 | In contract | - | |
| In contract | |||
| May 9, 2024 | Listed by Compass Greater NY, LLC | $2,495,000 | |
| Listed by Compass Greater NY, LLC | |||
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Prime Milton Point Location! This beautiful 5 bedroom colonial situated on a manicured .25 acres is walking distance to Rye Town Beach & Park and Milton School. This maintained and beautifully renovated home has it all - a sunlit eat-in kitchen/family room with custom built-ins and sliding door to patio ideal for entertaining, a formal living room with wood-burning fireplace, formal dining room, home office with built-ins, mudroom & powder room complete the main floor. The second floor hosts a primary bedroom with tray ceiling, en-suite bath with steam shower and soaking tub & two walk-in closets, four additional bedrooms, two full baths and laundry. The flat fenced yard has beautiful plantings, plenty of space for play and a bluestone patio perfect for entertaining. Enjoy all that Rye has to offer parks, beach, marina, Rye YMCA, Rye Nature Center, Rye Arts Center, Rye Golf & Pool and a downtown with delicious restaurants!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017