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1241 Anderson Avenue #2
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%.
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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.
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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 |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Jul 25, 2024 | In contract | - | |
| In contract | |||
| May 29, 2024 | Listed by Ridgeco Properties, Inc. | $175,000 | |
| Listed by Ridgeco Properties, Inc. | |||
Property Highlights
1241 Anderson Avenue #2, Fort Lee, NJ, 07024
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Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
05/29/2024
|
1 Bed
|
1 Bath
|
-
|
$175,000
1 Bed
1 Bath
|
$175,000
08/30/2024
|
-
|
Caroline A. Becker
Ridgeco Properties, Inc.
| |
|
02/27/2023
|
1 Bed
|
1 Bath
|
-
|
$109,555
1 Bed
1 Bath
|
$130,000
+18.66%
09/15/2023
|
-
|
Brigit Estrada Alvarez
EXP Realty, LLC
| |
|
02/01/2023
|
1 Bed
|
1 Bath
|
-
|
$119,000
1 Bed
1 Bath
|
$119,000
06/02/2023
|
-
|
Sunghe Cho Guma
L. Cho Realty, Inc.
| |
|
02/04/2022
|
1 Bed
|
1 Bath
|
475 ft²
|
$99,999
1 Bed
1 Bath
475 ft²
|
-
-
|
-
|
Katayoun Ketabi
Keller Williams City Views Realty
| |
|
04/13/2022
|
1 Bed
|
1 Bath
|
-
|
$129,900
1 Bed
1 Bath
|
-
-
|
-
|
Tyler J. Sokolich
Sokolich Real Estate
| |
|
08/30/2021
|
2 Bed
|
1 Bath
|
750 ft²
|
$170,000
2 Bed
1 Bath
750 ft²
|
-
-
|
-
|
RYAN MATTHEWS
REALTY EXECUTIVES EXCEPTIONAL
| |
|
04/08/2021
|
1 Bed
|
1 Bath
|
-
|
$149,900
1 Bed
1 Bath
|
-
-
|
-
|
-
| |
|
04/16/2021
|
1 Bed
|
1 Bath
|
475 ft²
|
$135,000
1 Bed
1 Bath
475 ft²
|
-
-
|
-
|
Kiriakoula Mihalakis
Coldwell Banker, Allendale/Saddle River Valley
| |
|
04/01/2021
|
2 Bed
|
1 Bath
|
-
|
$159,000
2 Bed
1 Bath
|
-
-
|
-
|
-
| |
|
05/28/2018
|
1 Bed
|
1 Bath
|
-
|
$95,000
1 Bed
1 Bath
|
-
-
|
-
|
-
|
Building Info
About Fort Lee
Similar Homes for Sale
Nearby Rentals
Ridgeco Properties, Inc.
Last Updated: 7 months ago
Data Source: NJMLS , MLS# 24016594
All information deemed reliable but not guaranteed.© 2024 New Jersey Multiple Listing Service Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
