14 DRAKE RD
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 |
|---|---|---|---|
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| Jul 16, 2018 | Sold | ||
| Sold | |||
| Jun 7, 2018 | Listed | $375,000 | |
| Listed | |||
| | |||
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Beautiful Foxwood Move-In Ready Colonial Split. Complete With Hardwood Floors, Updated Kitchen & Baths, & Newer Appliances. Also Has Built-in Shelving, Custom Wooden Blinds, Newer Siding, AC, Gutter/w Gutter Guards, Soffits, & Storm Door. Family Room Sliders Invite You to a Deck and Patio & a Spacious Fenced In Yard. The Basement Provides Office and Storage Space. There is Also a Pull-Down Attic For Even more Storage Space. Close to NYC Bus & Train, Rutgers & 287.
| |||
| May 23, 2018 | Listed by Coldwell Banker Residential Brokerage - Princeton | $375,000 | |
| Listed by Coldwell Banker Residential Brokerage - Princeton | |||
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About Somerset
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017