41
Map
1148 Newark St
About This Property
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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 |
|---|---|---|---|
| Oct 23, 2024 | Sold | ||
| Sold | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Aug 29, 2024 | Listed by Porchlight Real Estate Group | $395,000 | |
| Listed by Porchlight Real Estate Group | |||
| | |||
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Don't miss this single story bungalow with three bedrooms, two baths, and a great bonus space perfect for your home office, workout space, play room, you name it. Lovingly cared for over time, this home features fresh interior paint throughout and a brand new dishwasher just installed in the kitchen. Ideally situated, you can enjoy easy access to Nome Park and its community Garden, Del Mar Park, King Soopers, Anschutz Medical Campus, Stanley Marketplace, and more. Enjoy the benefits of a single family home with an oversized flat lot and NO HOA. Even better, this home qualifies for borrower benefits through the Community Reinvestment Act, which can help prospective buyers with closing costs assistance, lowering the interest rate or both! Come take a look!
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| Jun 21, 2017 | Sold | ||
| Sold | |||
| Apr 30, 2008 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017