Essex
2 Marmon Ter
$459,000
●
House -
Off Market
2 Marmon Ter
West Orange Twp., NJ 07052
3 Beds
2 Baths
$493,602
RealtyHop Estimate
7.54%
Since May 1, 2022
NY-New York
Primary Model
Unit Size
-
Days on Market
-
Land Size
0.11 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1924
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Cap Rate Calculator
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Monthly Rental Income
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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.
Last updated: 2 years ago (GSMLS #3763711)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 13, 2022 | No longer available | - | |
| No longer available | |||
| Feb 25, 2022 | In contract | - | |
| In contract | |||
| Feb 14, 2022 | Listed by EXP REALTY, LLC | $459,000 | |
| Listed by EXP REALTY, LLC | |||
| | |||
|
WOW!! Amazing and beautifully renovated CapeCod located in highly sought Pleasantdale section of West Orange, convenient to schools, parks, shopping & NYC transportation! This modern 3 bed/2bath has everything brand new just waiting for a new owner, with a beautiful open floor concept living room and dining room that integrates with the gorgeous kitchen featuring a breakfast bar, white quartz countertops, white and gray shaker cabinets and all new SS appliances. A huge bedroom and a sparkling new bathroom complete this level. The second floor features the master bedroom with lots of closet space, another beautiful bedroom, and a lot of additional storage space. The semi-finished basement with separate utility room makes this house a one of a kind in desirable West Orange. The manager has listed the unit size as 1450 square feet.
| |||
| Dec 23, 2021 | No longer available | - | |
| No longer available | |||
| Dec 4, 2021 | Listed by EXP REALTY, LLC | $459,000 | |
| Listed by EXP REALTY, LLC | |||
| | |||
|
COMING SOON - WOW!! Amazing and beautifully renovated CapeCod located in highly sought Pleasantdale section of West Orange, convenient to schools, parks, shopping & NYC transportation! This modern 3 bed/2bath has everything brand new just waiting for a new owner, with a beautiful open floor concept living room and dining room that integrates with the gorgeous kitchen featuring a breakfast bar, white quartz countertops, white and gray shaker cabinets and all new SS appliances. A huge bedroom and a sparkling new bathroom complete this level. The second floor features the master bedroom with lots of closet space, another bedroom, a beautiful bedroom, and a lot of additional storage space. The semi-finished basement with separate utility room makes this house a one of a kind in desirable West Orange. The manager has listed the unit size as 1450 square feet.
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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About Essex
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Last Updated: 2 years ago
Data Source: GSMLS, MLS#
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Data Source: GSMLS, MLS#
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