142 Middle 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 |
|---|---|---|---|
| Aug 13, 2021 | Sold | ||
| Sold | |||
| Nov 18, 2020 | Listed by Weichert Realtors-Middletown | $587,000 | |
| Listed by Weichert Realtors-Middletown | |||
| Aug 2, 2020 | No longer available | - | |
| No longer available | |||
| Feb 1, 2020 | Listed | $599,000 | |
| Listed | |||
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Builders and Developers - Prime location for development. Located right behind Academy Bus this is a commuters dream. Walk right to the Bus station. There is a house on the site - but the value is in the location and land. In 2017 zoning changed to Commercial Highway. Hazlet Township referring interested buyers to their website - DRO - Develop Review OrdinanceSeller will not entertain offers with contingencies - please do any research in advance of making an offer. This has been priced to sell.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017