1340 Russell Road
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 |
|---|---|---|---|
| Mar 16, 2017 | Sold | ||
| Sold | |||
| Apr 1, 2015 | Listed by Compass | $250,000 | |
| Listed by Compass | |||
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APPROVED SHORT SALE. Sold AS IS. Another price reduction on this quality constructed Cape built 2006! Seriously open floor plan, first floor master bedroom with full master bath; first floor laundry; fully appliance kitchen; diningroom with sliders to deck overlooking private, level yard with fruit producing trees. Three sided gas fireplace; two very large second level bedrooms with fabulous closet storage; spacious bonus room; two rooms in lower level. Hardwood floors throughout. Two car attached garage. huge driveway for easy parking. House set back from the street for privacy.
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| Dec 6, 2007 | Sold | ||
| Sold | |||
| Oct 1, 2007 | Listed by Murphy Realty | $292,000 | |
| Listed by Murphy Realty | |||
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NEWLY CONSTRUCTED COMMERCIAL ZONED PROPERTY (Business A, General Business District)located on RT 20. Zoning allows for retail, office, bank, and many more options. Buyers to check with the Westfield town hall regarding special permit use. EXPANDABLE AND READY TO GO. Will also consider leasing the space.
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| Mar 15, 2007 | Listed by Park Square Realty | $292,000 | |
| Listed by Park Square Realty | |||
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