216 Community Circle
About This Property
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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 |
|---|---|---|---|
| Mar 11, 2025 | Sold | ||
| Sold | |||
| Feb 14, 2025 | In contract | - | |
| In contract | |||
| Feb 1, 2025 | Listed by RE/MAX Innovation | $639,000 | |
| Listed by RE/MAX Innovation | |||
| May 29, 2024 | Sold | ||
| Sold | |||
| Feb 23, 2024 | Listed by RE/MAX Innovation | $555,000 | |
| Listed by RE/MAX Innovation | |||
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Commuters Dream! Nestled in the heart of Old Bridge this well maintained ranch offers a comfortable & updated living space, featuring 3 Bedrooms, 2 full baths & a large 2-car garage. As you enter through the foyer, you're greeted by gleaming hardwood flrs which flows into Living/Family Room w/cathedral ceilings, wood-burning fireplace w/stone front/hearth & glass enclosure. The floor plan offers an open floor plan with formal Dining Room w/ cathedral ceilings, hardwood floors, double slider & transom windows, providing ample natural light. Updated sliders open to beautiful and peaceful backyard w/ privacy fence and patio, creating a seamless indoor-outdoor flow. Dining Room has an open flow into the updated kitchen which features stylish cabinets, granite countertops, tile backsplash, SS appliances including a new stove & hood vent that vents outside. Recessed lighting illuminates the space, w/ a convenient breakfast bar & double undermount sink. The laundry utility rm is conveniently located off the kitchen, w/ tiled flrs & extra storage space. This room provides access to the oversized 2 car garage, which features built-in wood shelves. All 3 Bedrooms are generously sized and offer ample closet space. Updated hall bathroom w/recessed lights, tub shower w/clear glass doors & support bars & tiled floor. A large linen closet in the hallway provides additional storage space. The Primary Bedroom is a retreat w/large windows for plenty of natural light, WIC and updated master bathroom w/ tile flrs, recessed lighting & shower stall w/floor to ceiling tile & support rail. Many upgrades to include replacement windows & doors, HVAC & HWH for energy efficiency. Parking is a breeze with the double car paver driveway and paver pathway leading to the covered porch. A delightful retreat in a desirable location with many amenities. Seconds away from NYC Bus, shopping, restaurants & more. Minutes to train station, library, YMCA, skating rink & all major roadways. Quick drive to beach and Jersey Shore.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017