124 FIFTH AVENUE
About This Property
Mostly wooded lot. The property can be a bit difficult to reach, it is located down a dirt road. You may need an off road vehicle or a big 4x4 to access. Buyer is to do their own due diligence as what can be done with the lot. According to the township the lot is not buildable. The property must remain on the market for 8 full days before the seller will review any offers. Property is sold as is, buyer is responsible for all and any inspections, certifications and all and any township requirements. Cash only.
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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 23, 2026 | Sold | ||
| Sold | |||
| Nov 13, 2025 | In contract | - | |
| In contract | |||
| Oct 24, 2025 | Listed by Keller Williams Realty | $5,000 | |
| Listed by Keller Williams Realty | |||
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Keller Williams Realty
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# NJAC2021450
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017