$359,239*
●
Property -
Off Market
189 Forest Avenue #402
Paramus, NJ 07652
Studio
2 Baths
1,042 Ft²
$297,000 - $361,000
Reference Base Price*
9.19%
Since Apr 1, 2022
NY-New York
Primary Model
About This Property
Much sought after Sipporta 65 + community.This sunny corner unit is
a 2 bedroom (brand new carpeting in both bedrooms) & 2 bth
apt.Located on the 4th floor with beautiful views from every
oversized window. This is a secure card access building with an
indoor parking space,storage bin,community room,a shared covered
terrace, a shuttle bus & 2 elevators.It is ideally located near
shopping & local highways.Monthly fee includes all but electric &
phone. Hot water heater installed in 2017. Washing machine
installed in 2021. Maintenance includes property taxes,heat, hot
water,gas,basic cable & 1 covered parking space.Additional visitors
parking is also available. Hurry, this special unit won't last!
The manager has listed the unit size as 1042 square feet.
The manager has listed the unit size as 1042 square feet.
Unit Size
1,042 Ft²
Days on Market
-
Land Size
-
Price per sqft
$316
Property Type
Property
Property Taxes
-
HOA Dues
-
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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 |
|---|---|---|---|
| Mar 18, 2022 | No longer available | - | |
| No longer available | |||
| Feb 8, 2022 | Listed | $329,000 | |
| Listed | |||
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/03/2025
|
1 Bed
|
1 Bath
|
-
|
$285,000
1 Bed
1 Bath
|
$285,000
01/03/2025
|
Linda Amabile
RE/MAX Signature Homes
| |
|
07/08/2024
|
2 Bed
|
2 Bath
|
-
|
$369,000
2 Bed
2 Bath
|
$374,000
+1.36%
10/28/2024
|
Erin Pruitt
Compass New Jersey, LLC
| |
|
04/03/2024
|
2 Bed
|
2 Bath
|
-
|
$349,000
2 Bed
2 Bath
|
$349,000
06/21/2024
|
James Arakelian
RE/MAX Real Estate Limited
| |
|
04/01/2024
|
1 Bed
|
1 Bath
|
-
|
$265,000
1 Bed
1 Bath
|
$275,000
+3.77%
06/28/2024
|
Linda Amabile
RE/MAX Signature Homes
| |
|
04/11/2023
|
2 Bed
|
2 Bath
|
-
|
$349,900
2 Bed
2 Bath
|
$332,000
-5.12%
01/04/2024
|
Linda Amabile
RE/MAX Signature Homes
| |
|
04/05/2023
|
1 Bed
|
1 Bath
|
-
|
$280,000
1 Bed
1 Bath
|
$230,000
-17.86%
09/27/2023
|
Linda Amabile
RE/MAX Signature Homes
| |
|
11/20/2022
|
2 Bed
|
1 Bath
|
-
|
$329,900
2 Bed
1 Bath
|
$320,000
-3.00%
10/27/2023
|
Brenda Richards
Howard Hanna Rand Realty, Old Tappan
| |
|
08/22/2022
|
1 Bed
|
1 Bath
|
769 ft²
|
$260,000
1 Bed
1 Bath
769 ft²
|
-
-
|
Linda Amabile
RE/MAX Signature Homes
| |
|
05/16/2022
|
2 Bed
|
1 Bath
|
1130 ft²
|
$339,900
2 Bed
1 Bath
1130 ft²
|
-
-
|
Linda Amabile
RE/MAX Signature Homes
| |
|
04/11/2022
|
Loft
|
2 Bath
|
1042 ft²
|
$321,000
Loft
2 Bath
1042 ft²
|
-
-
|
Donna Nicolich
Keller Williams Valley Realty
| |
|
02/08/2022
|
Loft
|
2 Bath
|
1042 ft²
|
$329,000
Loft
2 Bath
1042 ft²
|
-
-
|
Olinda Sturm
Keller Williams Valley Realty
| |
|
11/30/-0001
|
2 Bed
|
2 Bath
|
-
|
$335,000
2 Bed
2 Bath
|
$327,500
-2.24%
12/21/2022
|
KELLY LACAST
COLDWELL BANKER REALTY
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017