27 Farmer Drive
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 |
|---|---|---|---|
| Sep 5, 2018 | Sold | ||
| Sold | |||
| Jul 9, 2018 | Listed by Coldwell Banker Riviera Realty | $230,000 | |
| Listed by Coldwell Banker Riviera Realty | |||
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Lovely priced to sell cape with a newer kitchen, roof & brand new hot water heater as well as newer attic & basement windows. Hardwood floors in Liv rm & bedrooms with ceramic tile in kitchen. Attic can be finished to make a lg master bedroom with 1/2 bath which will almost double living space. Impressive entrance gates to the fully fenced in serene backyard. One of the few homes in this development that has a garage. Walk to the downtown area & pond for fishing or kayaking. Quaint small town living. A minute drive to Route 195 with easy access to Turnpike for commuting or enjoy riding through farmland to get to this adorable cottage like home in the sought after town of Allentown, NJ. USDA approved area for financing.
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| Nov 12, 2012 | Sold | ||
| Sold | |||
| Jul 16, 2012 | Listed by Childers Sotheby's Intl Realty | $167,500 | |
| Listed by Childers Sotheby's Intl Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017