122 Phillips Drive
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 |
|---|---|---|---|
| Jan 8, 2021 | Sold | ||
| Sold | |||
| Oct 18, 2020 | Listed by KELLER WILLIAMS WEST MONMOUTH | $500,000 | |
| Listed by KELLER WILLIAMS WEST MONMOUTH | |||
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Beautiful dining/living room area with high ceilings exposed brick wood fireplace.4 bedrooms 2 baths, hardwood floors, with an oversized 2 car driveway. This charming home sits on a level yard with a teak deck, saltwater heated pool, basketball hoops, landscaped yard. The renovation includes a large bedroom with a full bath on the first floor with sliders to the patio. Plenty of storage with full basement pulls down attic. The Arbors is located next to NYC bus, McDivitt elementary school in the neighborhood, Tennis courts, OB Library, Ice skating rink, and Municipal center with an award-winning senior citizen program with free transportation to and from. Showings begin Oct 23
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017