29 Clive Hills Rd
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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 |
|---|---|---|---|
| Nov 18, 2022 | Sold | ||
| Sold | |||
| Sep 21, 2022 | Listed by COMPASS NEW JERSEY, LLC | $829,000 | |
| Listed by COMPASS NEW JERSEY, LLC | |||
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A rewarding escape, and peacefully situated on .5 acre, this immaculate 5-bedroom, 4.1 bath home is located on a beautiful tree lined street in the desirable Clive Hills section of Edison. The spacious and open floor plan on the first level allows for seamless lounging, dining, entertaining and cooking. A bright formal living room, featuring a large bay window, opens to the formal dining room with a triple picture window flooding in light and offering views of the expansive property. Newly renovated kitchen w/cherry wood cabinets, granite counters, gourmet chef style appliances, and a peninsula island for extra prep space and storage. Bright breakfast area w/wall of floor to ceiling windows looking out to the yard. Ground floor family room with wall-to-wall built-ins and an expanse of double sliding doors to the backyard patio. Cozy up for game night or enjoy more elaborate entertaining with easy indoor/outdoor flow. An ensuite bedroom, two more bright bedrooms and hall bath are found on the second floor. Generously sized primary bedroom w/ newer ensuite bath along with 5th bedroom (or office/ sitting room) are found just a few steps up. Finished LL w/tons of closet space, laundry, and a bonus gym/office with ensuite full bath. The expansive, serene yard is your own personal oasis w/large paver patio for al fresco enjoyment. Lushly landscaped deep grounds offer tons of space for play, along with golf course views.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017