9 Forest Rd
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 | |||
| Apr 23, 2024 | In contract | - | |
| In contract | |||
| Apr 19, 2024 | Listed by Today Real Estate, Inc. | $589,000 | |
| Listed by Today Real Estate, Inc. | |||
| | |||
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Country Farms neighborhood. Spacious open concept raised ranch with coastal colors on great lot, boasting a large fenced back yard with private feel. The large foyer welcomes you in. Light filled first floor is open and inviting. Beautiful updated floors in livingroom, dining, kitchen area. Updated light fixtures, refrigerator and dishwasher. Primary bedroom has a huge closet and ensuite. Wood stove in lower level gives cozy feel. Great workshop, office or work out space with its own entrance. One car garage under. Gardeners delight throughout the yard.
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| Aug 5, 2019 | Sold | ||
| Sold | |||
| Jun 9, 2019 | Listed by Today Real Estate, Inc. | $334,900 | |
| Listed by Today Real Estate, Inc. | |||
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Address: 335 Madison Avenue, New York, NY 10017