12 Martin Avenue
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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, 2020 | Sold | ||
| Sold | |||
| Sep 16, 2020 | No longer available | - | |
| No longer available | |||
| Sep 10, 2020 | Listed | $450,000 | |
| Listed | |||
| | |||
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East Facing Updated Colonial with 4 bedrooms and 2 full baths with fully finished basement! Home is completely remodeled, move-in ready, and conveniently located to major highways, shopping, and 5 minutes to Metuchen Train Station. Home features 2 bedrooms and a full bath on the 1st level, updated kitchen with granite countertops and stainless-steel appliances, formal dining room, and living room filled with sunshine. Second level boasts master bedroom with walk-in closet, second bedroom, full bath, large family room with cathedral ceiling. Exterior features beautiful paver patio with garden and picket fence. New HVAC and New water heater.
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| Jul 15, 2020 | Listed by KELLER WILLIAMS ELITE REALTORS | $450,000 | |
| Listed by KELLER WILLIAMS ELITE REALTORS | |||
| Oct 14, 2019 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017