87 Forest St
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 |
|---|---|---|---|
| Jan 18, 2011 | Sold | ||
| Sold | |||
| Oct 14, 2010 | Listed by DHD Real Estate Associates, LLC | $150,000 | |
| Listed by DHD Real Estate Associates, LLC | |||
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You're in luck! Buyers financing fell through. Renovated "to the studs" in 1999. Newer heat, roof & windows. Short distance to all downtown has to offer: train, hospital, parks & more! Great commuter location for Providence & Boston. Not a short sale or foreclosure. City sewer means no Title V trouble. Avoid the hassle & waiting of a short sale or foreclosure. Take a look at this clean, updated property, make an offer & ENJOY the home buying process! Seller to entertain offers $150,000-$175,000
| |||
| Feb 8, 2010 | Listed by Keller Williams Realty | $187,000 | |
| Listed by Keller Williams Realty | |||
| Jan 14, 2002 | Sold | ||
| Sold | |||
| Nov 2, 2001 | Listed by Keller Williams Realty | $169,900 | |
| Listed by Keller Williams Realty | |||
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