108 Demarest Ave
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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 |
|---|---|---|---|
| Apr 14, 2023 | Sold | ||
| Sold | |||
| Mar 10, 2023 | In contract | - | |
| In contract | |||
| Jan 28, 2022 | No longer available | - | |
| No longer available | |||
| Jan 13, 2022 | Listed by KELLER WILLIAMS - NJ METRO GROUP | $529,000 | |
| Listed by KELLER WILLIAMS - NJ METRO GROUP | |||
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The list of things to love at this delightful Oakview home is long! This nicely updated, sunny home is a lovely blend of original details - including a gorgeous stone fireplace with leaded glass built-ins - and modern updates - including great flex space, a finished basement, a powder room on first floor and kitchen with granite counters and stainless appliances. A worry-free move-in with newer roof, HVAC 2-zone heating/central air, relined sewer, large composite deck and more. The possibilities are endless with the bonus room on the first floor - a 4th bedroom, office, family room or guest room. The modern kitchen opens to a large deck and yard. The second floor offers 3 spacious bedrooms and an updated full bath. On the third floor is additional flex space - just perfect for an office or den. The finished basement is fantastic with great ceiling height, an updated full bath and laundry room - this is probably where you'll spend the most time! Located in one of Bloomfield's most charming and popular neighborhoods, close to NY bus, highways & Bloomfield/Montclair shops, restaurants & Brookdale Park The manager has listed the unit size as 1650 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017