18 Rail Place
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 |
|---|---|---|---|
| May 12, 2025 | Sold | ||
| Sold | |||
| Mar 11, 2025 | In contract | - | |
| In contract | |||
| Feb 21, 2025 | Listed by Nest Seekers New Jersey LLC | $499,000 | |
| Listed by Nest Seekers New Jersey LLC | |||
| Apr 19, 2021 | Sold | ||
| Sold | |||
| Feb 19, 2021 | Listed by Pecora Realtors | $319,000 | |
| Listed by Pecora Realtors | |||
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Beautiful oak ridge front to back split level! This home offers 3 bedrooms 1 full bath and 1 half bath with natural hardwood flooring throughout the main living spaces. As you enter the home you are greeted by a multi use room, once used as a living room and now used as a dining room. Directly to your right is a beautifully updated kitchen with stone counter tops, cherry cabinets and stainless steel appliances. All 3 bedrooms are located on the upper level of the split as well as the full bath. The lower level of the split is comprised of the living room, laundry room, half bath and a bonus room. Outside you have a very large and lush backyard with beautiful sod that is watered by the underground sprinkler system. There is also a beautiful paver patio and a very large trex deck.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017