23 Sears Rd
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 |
|---|---|---|---|
| Jun 29, 2011 | Sold | ||
| Sold | |||
| Apr 25, 2011 | Listed by Andrew J. Abu Inc., REALTORS® | $959,900 | |
| Listed by Andrew J. Abu Inc., REALTORS® | |||
| Apr 2, 2010 | Listed by Andrew J. Abu Inc., REALTORS® | $999,999 | |
| Listed by Andrew J. Abu Inc., REALTORS® | |||
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Striking 6 acre lot on prestigious country lane near town center complements traditional Colonial with understated elegance and amazingly gorgeous views*Many recent updates & improvements*Vaulted Great Room addition with windows on 3 sides*Granite/Stained Maple/Stainless Kitchen*Inviting Family Room with rough hewn beams*1st flr Study*3 tiled baths on 2nd flr*Open Foyer w/new hardwood*Neutral décor*Spectacular deck/Stone walls/Paver walkway*3 car garage*2 chimneys/3 fireplaces*
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| Oct 30, 1992 | Sold | ||
| Sold | |||
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