18 Heather Drive
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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 30, 2025 | Sold | ||
| Sold | |||
| Jul 2, 2025 | In contract | - | |
| In contract | |||
| Jun 17, 2025 | Listed by REALMART REALTY LLC | $786,000 | |
| Listed by REALMART REALTY LLC | |||
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Fully Renovated Gem in North Edison! Welcome to 18 Heather Drive, a beautifully updated 3-bedroom, 2.5-bath colonial offering modern comfort and timeless charm in one of Edison's most desirable neighborhoods. Set on a peaceful 0.17-acre lot backing to serene woods and a creek, this home is move-in ready with extensive 2024 upgrades throughout. Step inside to find brand-new laminate flooring flowing through the entire home, creating a clean and cohesive look. The kitchen, formal living, dining, and family rooms offer ample space for both everyday living and entertaining. Enjoy the comfort of 2.5 fully remodeled bathrooms (2024) featuring contemporary finishes. Major improvements include:2.5 fully remodeled bathrooms (2024), New Roof (2024), All New Windows (2024) for enhanced energy efficiency and natural light, Fresh Interior Paint (2024), New Drywall and Fresh Paint in Garage (2024), Two New Garage Door Openers (2024), New Laminate Flooring Throughout (2024), Refrigerator and Washer(2024), Hot water heator(2023). The second floor features a spacious primary suite with an updated private bath, two more large bedrooms, and a renovated hall bathroom. Located close to top-rated North Edison schools, major highways, shopping, and parks, this home combines style, convenience, and a tranquil setting. Don't miss your chance to own this turn-key beauty! Square Ft Source: Tax record
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| Dec 22, 2023 | Sold | ||
| Sold | |||
| Nov 6, 2023 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017