Essex
11 Mayfair Drive
Listed by: Elizabeth Morris, [email protected], Prominent Properties Sotheby's International Realty-Montclair, (973) 783-6900, Listing Courtesy of NJMLS
$511,000
●
House -
Off Market
11 Mayfair Drive
West Orange, NJ 07052
3 Beds
2 Baths
$3,268
Est. Monthly
7.14%
Cap Rate
About This Property
Discover this charming, sunlit three-bedroom Cape Cod home on a
quiet West Orange side street. It offers both comfort and
functionality. Enjoy a new kitchen - custom cabinets, SS
appliances, and quartz countertops. With updated bathrooms,
hardwood floors, and central air conditioning. Freshly painted
interiors create a warm and inviting atmosphere, while the finished
basement rec room provides additional living space for
entertainment or relaxation, including a new roof, a new hot water
heater, and a new shed for extra storage. This home is located just
a few short blocks from beautiful Verona Park, with its walking
paths, playground, and serene lake. Top-rated Redwood
Elementary School. A lush green yard is perfect for outdoor
activities and gatherings. Don't miss the opportunity to make this
delightful property your very own. Welcome home!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$758
HOA Dues
-
Year Built
1950
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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 #24026001)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2024 | Sold | ||
| Sold | |||
| Aug 24, 2024 | In contract | - | |
| In contract | |||
| Aug 12, 2024 | Listed by Prominent Properties Sotheby's International Realty-Montclair | $429,000 | |
| Listed by Prominent Properties Sotheby's International Realty-Montclair | |||
Property Highlights
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
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Closing Price
Sold On
Sold On
HOA + Taxes
About Essex
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Listed by: Elizabeth Morris
Prominent Properties Sotheby's International Realty-Montclair
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 24026001
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.
Prominent Properties Sotheby's International Realty-Montclair
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 24026001
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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