17 Brook Drive North
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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 15, 2022 | No longer available | - | |
| No longer available | |||
| Nov 14, 2022 | Sold | ||
| Sold | |||
| Oct 4, 2022 | In contract | - | |
| In contract | |||
| Sep 19, 2022 | Listed by FATHOM REALTY NJ | $525,000 | |
| Listed by FATHOM REALTY NJ | |||
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Incredible opportunity to own in Morris Plains! Located just 2 blocks from Morris Plains Train Station, downtown, Watnong Park, and schools. The covered porch entryway invites you into the spacious living room with hardwood floors and plenty of natural light. Formal dining room leads to eat-in kitchen with side door. Through to family room with an abundance of windows and more natural light! Main floor with half bath. Second floor has three bedrooms and main bath with skylight. Large unfinished basement with windows, laundry, sink, utilities, and room for storage. Stand-up attic with exhaust fan. Attached garage. Backyard with a patio and fenced in level lot. Quiet residential street near the heart of town. Enjoy Morris Plains!
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017