28 Buchanan Road
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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 |
|---|---|---|---|
| Jan 13, 2025 | Sold | ||
| Sold | |||
| Nov 15, 2024 | In contract | - | |
| In contract | |||
| Oct 23, 2024 | Listed by KELLER WILLIAMS ELITE REALTORS | $799,900 | |
| Listed by KELLER WILLIAMS ELITE REALTORS | |||
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Welcome to 28 Buchanan Road in the heart of Metuchen! This charming home features 3 bedrooms and 2.5 bathrooms, offering comfort and style in a prime location. Inside, you'll find a bright and inviting living space with a mix of carpets and hardwood flooring throughout. The spacious living room flows into a formal dining area, perfect for entertaining. The updated kitchen boasts modern appliances, ample cabinetry, and sleek countertops, making meal preparation a joy. Upstairs, the bedrooms are generously sized with plenty of closet space. The bathrooms are well-appointed with contemporary fixtures. Step outside to a large, private backyard, ideal for outdoor activities, gardening, or relaxing. Additional features include a basement with extra storage, or the potential to be finished for added living space, and a convenient driveway for off-street parking. Located just minutes from Metuchen's vibrant downtown, with easy access to shopping, dining, parks, and public transportation, 28 Buchanan Road is the perfect place to call home. Don't miss your chanceschedule a showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017