980 Forest Avenue
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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%.
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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.
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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 10, 2023 | Sold | ||
| Sold | |||
| May 25, 2023 | In contract | - | |
| In contract | |||
| May 15, 2023 | Listed by Julia B Fee Sothebys Int. Rlty | $7,795,000 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
| Sep 21, 2015 | Sold | ||
| Sold | |||
| Apr 14, 2015 | Listed by Julia B Fee Sothebys Int. Rlty | $7,195,000 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
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Quintessential Hamptons style complete with direct water views—it’s like being on vacation year round! Designed to take full advantage of the prize-worthy location, this spectacular rebuild/new construction on prestigious Milton point offers sparkling water views from almost every room on all four levels as well as from the expansive patio. Outstanding features include an amazing romantic master suite with cathedral ceilinged bedroom or sitting room; spectacular third floor bonus room/home office; and lower level home theatre, billiards room, recreation room, and wine cellar. Elegant formal rooms with 9ft ceilings; fabulous gourmet kitchen; huge family room; the finest craftsmanship, custom finishes, and fittings throughout. All this, plus room for a secluded pool. Move in for the summer – the good life awaits! Additional Information: ParkingFeatures:2 Car Attached,
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017