15 Otterson 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 |
|---|---|---|---|
| Nov 25, 2024 | Sold | ||
| Sold | |||
| Jul 1, 2024 | In contract | - | |
| In contract | |||
| Jun 13, 2024 | Listed by Hometown Real Estate Group | $375,000 | |
| Listed by Hometown Real Estate Group | |||
| | |||
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OWN IN THE HEART OF FREEHOLD! RECENTLY RENOVATED! MOVE RIGHT IN WITHOUT WORRIES! THIS TWO BEDROOM, 1 BATHROOM IS THE PERFECT STARTER HOME. GRANITE COUNTERTOPS, STAINLESS STEEL APPLIANCES, NEWER ROOF (2018), NEWER HOT WATER HEATER (2018), NEWER SEPTIC (2018), NEW AC (2021), NEW FURNACE (2021), WITH TILE AND LVP FLOORING THROUGHOUT. FULL UNFINISHED BASEMENT WITH LOTS OF POTENTIAL! HUGE FENCED IN BACKYARD WITH LARGE DECK, 50X143 LOT. CLOSE TO EVERYTHING THAT FREEHOLD HAS TO OFFER!
SELLERS ARE BUILDING NEW CONSTRUCTION WITH ESTIMATED COMPLETION IN OCTOBER.
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| Nov 8, 2023 | No longer available | - | |
| No longer available | |||
| Jul 15, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017