191 CLAFLIN AVE
About This Property
Home has a brand new roof and new gutters. Also, a new 4 unit ductless AC and Heating system has been installed in the home. So the home now has AC and additional heating available throughout the home. The home also has baseboard heat throughout fueled by oil. New Owner now has the option to continue using the baseboard for heat and supplement the heat with the ductless system. The ductless electric system units each have separate remote controls. Interior of the home has been freshly painted and new carpeting has been installed in Living room and throughout the upstairs. Home is conveniently located close to major highways , is a short commute to the College of New Jersey, Rider University and the Trenton Mercer airport. Make your appointment today as this one will not last for long.
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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 |
|---|---|---|---|
| Jun 30, 2023 | Sold | ||
| Sold | |||
| May 17, 2023 | In contract | - | |
| In contract | |||
| May 13, 2023 | Listed by Weidel Realtors-Hamilton Square | $239,900 | |
| Listed by Weidel Realtors-Hamilton Square | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017