965 Forest Avenue
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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 |
|---|---|---|---|
| Aug 24, 2020 | Sold | ||
| Sold | |||
| Jun 23, 2020 | Listed by Compass Greater NY, LLC | $8,495,000 | |
| Listed by Compass Greater NY, LLC | |||
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Be prepared to be swept away by the inviting views of Long Island Sound in this magnificently renovated Colonial set on 1.1 level acres in the sought-after Milton Point neighborhood of Rye. This pristinely maintained, expansive five-bedroom home features direct water views from almost every room and includes such sought after amenities which includes a pool and a hot tub both with automatic covers, gas fire pit, direct water access, deep water mooring, generator, and tasteful gardens just to name a few. Call this home your own, and your day can begin with iconic sunrises from your master suite in the morning and tranquil, colorful sunset skies as you lay your head to rest at night. The opportunity is rare for an ultimate waterfront lifestyle home like this to come again.
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017