29 Upper Drive
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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 |
|---|---|---|---|
| Aug 17, 2026 | Sold | ||
| Sold | |||
| Jun 27, 2026 | In contract | - | |
| In contract | |||
| Jun 22, 2026 | No longer available | - | |
| No longer available | |||
| May 27, 2026 | Listed by Alpine MC Realty LLC | $1,190,000 | |
| Listed by Alpine MC Realty LLC | |||
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A renovated ranch house located in the prestigious Countryside neighborhood of Berkeley Heights, situated near the junction of Summit and New Providence.This home offers over 2,000 square feet of living space on a 27,486 square foot lot, featuring 4 bedrooms and 3.5 bathrooms.The property has been updated for modern living with several high-end features:* Gourmet Kitchen: A newly finished chef's kitchen with a large quartz center island, custom cabinetry, and premium Viking and Sub-Zero appliances.*Living Space: An open-flow dining room and a family room characterized by high ceilings and multiple wood-burning fireplaces, overlooking the backyard.*Luxury Finishes: Includes a deep soaking tub and a layout designed for comfort and privacy. New Roof 2024, New HVAC 2021, The location provides excellent access to local amenities and transit:*Recreation: Walking distance to the Watchung Reservation's trails, parks, lakes, and horse stables.*Commuting: A 5-minute drive to the New Providence NJ Transit station and summit train station offering direct access to NYC takes 40 min.*Amenities: Minutes away from top-rated schools and boutique shopping.Situated in a welcoming community known for its social atmosphere and neighborhood events, this property offers an exceptional living experience.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017