10 THOMAS TER
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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 |
|---|---|---|---|
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Oct 29, 2024 | In contract | - | |
| In contract | |||
| Oct 15, 2024 | Listed by Compass New Jersey, LLC-Montclair | $579,900 | |
| Listed by Compass New Jersey, LLC-Montclair | |||
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Welcome to 10 Thomas Terrace, a beautifully updated single-family home in the heart of Wayne. This charming residence offers a versatile floor plan with 4 spacious bedrooms and 2 fully renovated bathrooms, blending comfort and modern style. The second-floor primary suite features a trendy barn door and luxurious bath, creating a private retreat. The updated kitchen, with elegant cherry cabinets and sleek soapstone countertops, is perfect for culinary enthusiasts. It overlooks the dining area, with great sightlines to the bright, airy living room featuring a brand-new picture window. Refinished hardwood floors and fresh paint throughout the first floor add warmth and charm. Outside, enjoy a large, flat fenced-in backyard with a deck, ideal for outdoor entertaining. Conveniently located near schools, parks, shopping, and public transportation, this home offers the perfect mix of modern updates and classic appeal.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017