19 ALBOURNE STREET
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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 |
|---|---|---|---|
| Dec 1, 2020 | Sold | ||
| Sold | |||
| Aug 10, 2020 | Listed by Keller Williams Elite Realtors | $359,999 | |
| Listed by Keller Williams Elite Realtors | |||
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Lovely Colonial in the desired Clara Barton Section of Edison. If you are looking for peace and quiet, you've just found it! This property is an end lot, located on a quiet street with only 8 homes, no neighbors behind, or next to one side of the property. Featuring 3 beds and 1.5 baths, kitchen w/ stainless steel appliances, formal dining room, living room & den. A traditional style home w/ authentic old charm, including most original stained molding, original refinished wood floors, custom built in wall server/china cabinet in dining room. Property features the convenience of some modern/newer amenities throughout the house. Other features include newer gas boiler, 50-gallon Rheem hot water heater, 200-amp electrical service. Most water lines have been replaced by copper and Pex. A 2-car garage w/ newer Raynor doors, ample parking space & privacy! Great schools, close to Metuchen train station & NYC. Easy access to Hwy 440 to Parkway, 287, Turnpike and Route 1. Showings start: 08/10.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017