24328 Pear Tree Way
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 |
|---|---|---|---|
| Jul 31, 2019 | Sold | ||
| Sold | |||
| May 6, 2019 | Listed by Keller Williams Inspire | $284,500 | |
| Listed by Keller Williams Inspire | |||
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Great North Plainfield location! This is a beautiful home with open floor plan, vaulted ceilings and a nicely upgraded kitchen. Kitchen comes with granite counter tops, stainless steel appliances, ceramic back splash, soft close drawers and Thomasville cabinets. Newly remodeled half bath. Large family room with new hardwood floors. Master bedroom has walk in closet and private bath. All bedrooms hardwired for Wifi television. Finished basement with spacious recreation area and a large 4th bedroom. Big fenced in backyard with patio. New roof, sump pump, sewage pump, Wifi garage door opener and sliding back door! Backs to a large easement at the end of the property. Within walking distance to Heritage Grove Middle School and Plainfield North High School. Nearby parks/playgrounds update in 2020 by Plainfield Park District! Close to Rte 59 and I-55, shopping and restaurants. Move in ready!
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| May 26, 2015 | Sold | ||
| Sold | |||
| Apr 12, 2015 | Listed by RE/MAX Ultimate Professionals | $249,900 | |
| Listed by RE/MAX Ultimate Professionals | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017