137 Broad Street
About This Property
Hardwood floors throughout, newer EIK w/granite counters. Large lot w/patio, firepit & plenty of off-street parking. A full Bsmt for storage and even a 2 car detached garage! Matawan train station makes this location ideal for the commute to NYC.
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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 27, 2020 | Sold | ||
| Sold | |||
| Jul 21, 2020 | Listed by Heritage House Sotheby's International Realty | $304,900 | |
| Listed by Heritage House Sotheby's International Realty | |||
| Jul 31, 2014 | Sold | ||
| Sold | |||
| Mar 21, 2014 | Listed by C21/ Charles Smith Agency | $159,900 | |
| Listed by C21/ Charles Smith Agency | |||
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Great potential for an investor or someone willing to do a little work to make this one their own. Gas boiler, Water heater and Electric panel are newer and the roof looks good - so this one mostly needs interior cosmetics. Full bathroom on each level for convenience. Hardwood Floors. EIK and Formal Dining Room. Long driveway and 2 car garage provides plenty of off street parking for when guests come over. Matawan at this price with 3 BRs and 2 baths is almost unheard of!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017