9 Forest Ridge 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 |
|---|---|---|---|
| Feb 2, 2011 | Sold | ||
| Sold | |||
| Mar 11, 2010 | Listed by Chestnut Oak Associates | $414,900 | |
| Listed by Chestnut Oak Associates | |||
| | |||
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Location, Location!! Come view this 3000 s.f. Colonial with a great layout in West Springfield's premier neighborhood, Forest Ridge Estates. An oversized eat-in kitchen leads to a family room with pellet fireplace that open to the great room w/cathedral ceilings and free standing gas stove. Formal dining room & living room give you plenty of space! Gorgeous hardwood throughout. Basement is ready to finish with a full bath in place! New garage doors, Anderson windows and more!
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| Apr 14, 2006 | Sold | ||
| Sold | |||
| Mar 21, 2006 | Listed by Bourque Real Estate | $429,900 | |
| Listed by Bourque Real Estate | |||
| Jun 18, 2002 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017