9 FOREST LANE
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Feb 19, 2025 | Sold | ||
| Sold | |||
| Jan 23, 2025 | In contract | - | |
| In contract | |||
| Jan 2, 2025 | Listed by Keller Williams Realty - Medford | $549,000 | |
| Listed by Keller Williams Realty - Medford | |||
| | |||
|
Welcome to this immaculately maintained home located in the desirable Pond and Spitz neighborhood of Forest Lane. Upon entry, you are greeted with a spacious foyer with a two-story ceiling with a skylight and a wood floor that continues in to the kitchen. The formal living and dining rooms offer plenty of space for entertaining and large windows providing an abundant amount of natural light. The gourmet kitchen features wood cabinetry, stainless steel appliances, a center island and a large Breakfast room with a window offering picturesque views of the wooded back yard. Open to the kitchen is an over-sized family room with new carpeting and a wood burning fireplace. A new sliding glass door opens to a custom wood deck with seating and there is also a large patio beyond. The expansive master bedroom features two oversized closets, a new master bathroom with a vanity, soaking tub, stall shower and linen closet. There are two large guest bedrooms plus an awesome Bonus room perfect for a playroom, in home office and so much more. A County approved septic was installed in 2018. There is new hot water heater and the roof was replaced on 2011. You’ll find lots of recessed lighting throughout, a security system, a two-car garage and a spacious, super clean basement with a high ceiling ready for your personal touches. Conveniently located close to shopping, restaurants and schools.
| |||
| Sep 13, 2024 | Sold | ||
| Sold | |||
| May 22, 2024 | Price Increased |
$1,200,000
↑ $280K
(30.4%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017