1113 LOWER FERRY RD
About This Property
Property being Sold "as is" All inspections will be for informational purposes only
Buyer responsible for any repairs required to obtain Township of Ewing Certificate of Occupancy
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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 |
|---|---|---|---|
| Mar 25, 2022 | Sold | ||
| Sold | |||
| Jan 22, 2022 | Listed by RE/MAX Tri County | $229,745 | |
| Listed by RE/MAX Tri County | |||
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About Mercer
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017