89 Forest Road
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 |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| Mar 15, 2024 | In contract | - | |
| In contract | |||
| Feb 29, 2024 | In contract | - | |
| In contract | |||
| Feb 22, 2024 | Listed by Realty Connect USA L I Inc | $649,000 | |
| Listed by Realty Connect USA L I Inc | |||
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This beautifully updated colonial has been well cared for and is move in ready. There is lots of living space including a big basement. The eat in kitchen and den with fireplace have new sliding glass doors leading to the deck and overlook the backyard. There is a large master bedroom including a full bathroom and two walk in closets. The additional bedrooms are nice sizes and have great closet space. An entertainers back yard with a semi inground pool and nice landscaping. Mid block location. 1/2 acre lot that has street frontage on both Forest Rd and Mark Tree Rd adds to the potential uses of the property. Many updates including roof and all plywood, gas boiler, water heater, flooring, two glass sliders, front walkway, retaining walls, chimney, electrical, bathrooms, waste line from house to sewer, central station alarm, large retractable awning over deck, pool liner, pool cover, pool robot vacuum, fencing. Located just minutes to Stony Brook University and Hospital.
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| Jan 13, 1999 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017