Listed by: Roi Klipper, [email protected], Corcoran Infinity Properties, (201) 768-6868, Listing Courtesy of NJMLS
$975,000
●
House -
Off Market
109 Franklin Turnpike
Allendale, NJ 07401
4 Beds
3 Baths
$6,022
Est. Monthly
4.76%
Cap Rate
About This Property
Welcome to 109 Franklin Turnpike in Allendale, NJ. This
meticulously maintained property offers a harmonious blend of
comfort and style. With 4 bedrooms and 3 bathrooms, this home
provides ample space for families of all sizes.Step inside and be
greeted by a beautifully renovated eat-in kitchen, perfect for
culinary enthusiasts and gatherings with loved ones. The kitchen
seamlessly flows into the spacious living areas, creating an
inviting atmosphere for entertaining guests.The highlight of this
home is undoubtedly the huge primary en-suite, featuring a large
walk-in closet that provides plenty of storage space. This private
retreat offers a serene escape from the demands of everyday
life.Situated on a large private yard, this property offers endless
possibilities for outdoor enjoyment. Whether you're hosting a
barbecue or simply relaxing in the sunshine, the expansive deck and
patio provide the perfect backdrop for your outdoor activities
Highest and best by Tuesday 1:00PM 5/22
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$1,234
HOA Dues
-
Year Built
1958
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (NJMLS #24015198)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 12, 2024 | Sold | ||
| Sold | |||
| Jun 4, 2024 | In contract | - | |
| In contract | |||
| May 16, 2024 | Listed by Corcoran Infinity Properties | $909,999 | |
| Listed by Corcoran Infinity Properties | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Allendale
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Listed by: Roi Klipper
Corcoran Infinity Properties
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 24015198
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RHP Realty NJ, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
Corcoran Infinity Properties
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 24015198
All information deemed reliable but not guaranteed.© 2026 New Jersey Multiple Listing Service Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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