24 Midland Road
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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%.
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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.
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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 9, 2021 | Sold | ||
| Sold | |||
| Jan 23, 2021 | Listed by BETTER HOMES & GARDEN R.E. M3 | $1,049,000 | |
| Listed by BETTER HOMES & GARDEN R.E. M3 | |||
| Oct 2, 2020 | No longer available | - | |
| No longer available | |||
| Mar 17, 2020 | Listed | $979,900 | |
| Listed | |||
| | |||
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Better than new! Fabulous north east facing home, will feature 4,600 SF (+-), 7 bedrooms, 5.5 bathrooms, spectacular 2-story foyer, 9' ceilings on 1st floor, finished English basement, on a park like half acre property. Kitchen opens to grand 2-story family room and formal dining room. 2 bedrooms and 2 full baths on the 1st floor. 2nd floor features master suite and 4 more bedrooms. Large finished attic/great room! Too much to list! Full black stainless-steel appliance package. Two-zone heating and cooling. Fantastic location close to major roadways, Metro Park & Metuchen Train Stations. Steps to bus stop to NYC train station. Quality & experienced local builders. A great buy at this price point in North Edison! The manager has listed the unit size as 4610 square feet.
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| Jul 31, 2019 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017