23 GARRETT LN
About This Property
This traditional "Levitt" Colonial has four bedrooms, two full baths, and a pull down attic upstairs, and downstairs a living room, half bath, eat in kitchen, laundry room, garage, and a formal dining room (that can also be used for a first floor bedroom). Outside, you can relax on the covered porch while enjoying the garden, or have a barbecue on the patio out back, in your spacious fully fenced backyard!
While many upgrades were completed over the last ten years such as the heating/air conditioning, the kitchen, hot water heater, the fence, etc, this house still has plenty of room for you to personalize it with your TLC.
This home is priced to sell and the seller is looking for a quick close - 30 days or less, so don't delay!
Property is being sold "As-Is". Any inspections completed are for informational purposes only. Buyer is responsible for lender repairs, Certificate of Occupancy, and any township required inspections.
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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 18, 2023 | Sold | ||
| Sold | |||
| Sep 12, 2023 | In contract | - | |
| In contract | |||
| Sep 3, 2023 | Listed by Realty Mark Advantage | $284,500 | |
| Listed by Realty Mark Advantage | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017