16 Tanager Drive
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 |
|---|---|---|---|
| Jul 11, 2019 | Sold | ||
| Sold | |||
| Aug 24, 2018 | Listed by C21/ Action Plus Realty | $235,000 | |
| Listed by C21/ Action Plus Realty | |||
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Perfect starter home on a tree lined quiet street. Only a short walk to West Dover Elementary. Huge yard with deck overlooking inground pool. House has been well maintained with newer windows, hardwood floors throughout, fireplace, central air, and ceiling fans in every room. Finished basement is perfect for entertaining with tile floor, additional full bath, and huge bar. Conveniently located in close proximity to Rt 37, Garden State Parkway, shopping, and 20 minutes to the beach.
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| Jul 8, 2012 | Sold | ||
| Sold | |||
| Jan 15, 2012 | Listed by Rhine & Associates Inc. | $209,900 | |
| Listed by Rhine & Associates Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017