18 Tennis Pl
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 5, 2022 | No longer available | - | |
| No longer available | |||
| Jun 3, 2022 | Sold | ||
| Sold | |||
| Apr 9, 2022 | In contract | - | |
| In contract | |||
| Feb 21, 2022 | Listed by REALTY EXECUTIVES ELITE HOMES | $899,500 | |
| Listed by REALTY EXECUTIVES ELITE HOMES | |||
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One Of The Largest Pieces of Property In Nutley, NJ Amazing Summer Spot Perfect For Throwing Pool Parties, Estate Like Property Live In The Most Desirable Nutley Park Section, This Is Your Forever Home, Imagine Coming Home To Your Own Expansive Private Oasis. This Home Features A Massive Property With A Large Private Yard That Would Be Great For Entertaining, A Giant Built In Pool, Large Custom Patio & Gorgeous Wrap Around Porch Just Perfect For A Warm Summer Evening Or Cool Fall Dinner With Friends. The Location Of This Home Is A Bonus, Located Just 13 Miles From New York City & Minutes From Rt3, Rt46 & The Garden State Parkway And Minutes Away From The New Hackensack Medical School, Ralph Lauren And Eisai Pharmaceuticals.This Home Was Built At The Turn Of The Century When Quality & Craftsmanship Were Important, This Is Not Your Standard Cookie Cutter Home, With The Attention To Detail At Every Corner This Warm & Inviting Home Would Make You Proud To Be Its Owner, Come Home, Come To 18 Tennis Place in Nutley.
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| Feb 20, 2022 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017