25125 Gates Lane
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 |
|---|---|---|---|
| Apr 18, 2017 | Sold | ||
| Sold | |||
| Feb 27, 2017 | Listed by Select a Fee RE System | $238,500 | |
| Listed by Select a Fee RE System | |||
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Lots of home improvements. Very well maintained home. New stainless steel appliances, central vacuum. No basement but it has a large family room plus a 4 feet insulated Crawl space with concrete floor for a lot of storage. Big, private and fenced in back yard with a play set. Sellers really love that the home is in the North Plainfield Auburn Lakes Subdivision. Very nice quiet neighborhood, one of the best school districts of the state. Across street from fire department, 3 minutest from Plainfield Edward Hospital. You can find all major chain supermarkets and restaurants within five minutes drive, 10 minutes from I-55 and 15 from I-88, one block from route 30 and about 3 blocks from route 59. You just can't ask for a better location!
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| Nov 26, 2014 | Sold | ||
| Sold | |||
| Sep 24, 2014 | Listed by Century 21 Affiliated | $224,900 | |
| Listed by Century 21 Affiliated | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017