87 Forest Glade #87
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%.
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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 |
|---|---|---|---|
| Nov 23, 2021 | Sold | ||
| Sold | |||
| Sep 1, 2021 | Listed by William Raveis R.E. & Home Services | $399,900 | |
| Listed by William Raveis R.E. & Home Services | |||
| | |||
|
Beautiful FalmouthPort! There is still time to enjoy Cape Cod's beautiful fall weather in this two bedroom, 2.5 bath townhouse. Both bedrooms have en-suite baths and multiple closets. The kitchen offers a cozy breakfast nook with a bow window, while a raised dining area looks out over a living room with a wood burning fireplace and new sliding doors leading to a private patio. A full basement provides plenty of room for even more storage. FalmouthPort is the upper Cape's premier waterfront condo community, and has never had a special assessment. Amenities include a heated saltwater pool, two deep water access docks, four tennis courts, a 1.5 mile walking trail, and a waterfront club house.
| |||
| Sep 23, 2020 | Sold | ||
| Sold | |||
| Jul 21, 2020 | Listed by Kinlin Grover Compass | $339,000 | |
| Listed by Kinlin Grover Compass | |||
| | |||
|
The perfect summer home or year-round residence is waiting for new owners. Being sold furnished, there is still time to enjoy Cape Cod's beautiful fall weather in this two bedroom, 2.5 bath townhouse. Both bedrooms have en-suite baths and multiple closets. The kitchen offers a cozy breakfast nook with a bow window, while a raised dining area looks out over a living room with a wood burning fireplace and sliding doors leading to a private patio. A full basement provides plenty of room for storage. Falmouthport is the upper Cape's premier waterfront condo community, and has never had a special assessment. Amenities include a heated saltwater pool, two deep water access docks, four tennis courts, a 1.5 mile walking trail, and a waterfront clubhouse. Call today for a private showing.
| |||
| Apr 30, 2014 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/01/2021
|
2 Bed
|
3 Bath
|
1343 ft²
|
$399,900
2 Bed
3 Bath
1343 ft²
|
$389,450
-2.61%
11/23/2021
|
Sarah Finnell
NextHome Freitas Realty Group
| |
|
08/16/2021
| |
2 Bed
|
3 Bath
|
1343 ft²
|
$425,000
2 Bed
3 Bath
1343 ft²
|
$389,450
-8.36%
11/23/2021
|
Clay Group
Keller Williams Realty
|
|
07/21/2020
|
2 Bed
|
3 Bath
|
1343 ft²
|
$339,000
2 Bed
3 Bath
1343 ft²
|
$330,000
-2.65%
09/23/2020
|
Nancy Morris
Right Option Real Estate
| |
|
07/21/2020
| |
2 Bed
|
3 Bath
|
1343 ft²
|
$339,000
2 Bed
3 Bath
1343 ft²
|
$330,000
-2.65%
09/23/2020
|
Team Clay Realty Group
|
|
02/10/2014
|
2 Bed
|
3 Bath
|
1343 ft²
|
$255,000
2 Bed
3 Bath
1343 ft²
|
$245,000
-3.92%
04/30/2014
|
Cynthia Furtado
Salt Pond Realty, LLP
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017