98 Forbes 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 |
|---|---|---|---|
| Aug 11, 2017 | Sold | ||
| Sold | |||
| Jun 5, 2017 | Listed by Coldwell Banker Residential Brokerage - Lynnfield | $799,000 | |
| Listed by Coldwell Banker Residential Brokerage - Lynnfield | |||
| Jun 22, 2012 | Sold | ||
| Sold | |||
| Feb 29, 2012 | Listed by Coldwell Banker Residential Brokerage - Lynnfield | $534,900 | |
| Listed by Coldwell Banker Residential Brokerage - Lynnfield | |||
| Jun 24, 2010 | Listed by Coldwell Banker Residential Brokerage - Westwood | $549,000 | |
| Listed by Coldwell Banker Residential Brokerage - Westwood | |||
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Temp off market - Move into four bedroom home w/ fireplaced livingrm,formal diningrm w/builtin china cabinet,large familyrm with sliders to screened porch,bright eat in kitchen with island,master has own bath,three additional bedrooms all with hardwood floors.Lower level offers additional space with office and fp recreation rm,attached two car garage with room for storage. Newer roof, furnance,granite steps,updtd bathrms. Great location-close to school,commuter rail and highway
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