925 Forness Avenue
About This Property
The upper level offers three well-proportioned bedrooms, while the lower level presents a versatile fourth room that works perfectly as an additional bedroom, home office, or flex space - whatever fits your lifestyle. Central air conditioning keeps things comfortable all summer long, a feature that sets this home apart from many in the area. Perhaps the most impressive offering is the attached two-car garage tucked right under the home - a practical, weather-protected setup that's both functional and convenient. Whether you're keeping vehicles out of the elements or need serious storage space, it's a feature you'll appreciate every single day. Yes, this home has some cosmetic work ahead, but that's exactly where the opportunity lies. The hard stuff - the structure, the location, the layout - is already there. A little TLC and your personal touch are all it takes to transform this property into something truly special, and build real equity in the process. Great location. Great bones. Great potential. Come take a look before someone else does.
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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 |
|---|---|---|---|
| Aug 21, 2026 | Sold | ||
| Sold | |||
| Jun 25, 2026 | In contract | - | |
| In contract | |||
| Jun 24, 2026 | Relisted | $149,900 | |
| Relisted | |||
| May 29, 2026 | In contract | - | |
| In contract | |||
| May 20, 2026 | Listed by Howard Hanna Professionals - Olean | $149,900 | |
| Listed by Howard Hanna Professionals - Olean | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017