114 CORMARTY DR
About This Property
This 3 bedroom 2 full bath 1 car garage Ranch home offer new roof and HVAC. Property located close to major shopping and fine dinning. Minutes away from Routes 42, 322 and Atlantic City Expressway.
Property being sold AS -IS. Buyer responsible for CO, any certificates and / or repairs for lenders.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 29, 2022 | Sold | ||
| Sold | |||
| Jun 22, 2022 | Listed by Keller Williams Realty - Washington Township | $249,900 | |
| Listed by Keller Williams Realty - Washington Township | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017