200 Penn Pl
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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 |
|---|---|---|---|
| Oct 27, 2021 | No longer available | - | |
| No longer available | |||
| Aug 17, 2021 | Listed by Metuchen | $450,000 | |
| Listed by Metuchen | |||
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Elegant 3BR. Ranch Corner Lot w/Lots of Upgrades. Beautiful Formal Living & Dining Room w/HDWD Fl. which leads to Spacious Eat-In-Kitchen w/upgraded cab. & Granite Countertop w/Stainless Steel Appli. Beautiful Sunroom awaits your morning Breakfast which leads to the Concrete Paved Backyard for your summer BBQ. Very Close to NJ Transit Train Station and major HWYs.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017