$118,000
●
Co-op -
Off Market
3 Horizon Road #816
Fort Lee, NJ 07024
1 Bed
1 Bath
$2,186
Est. Monthly
$1,606
HOA / Fees
10.61%
Cap Rate
About This Property
***CALL/TEXT ERIC @ to schedule a showing***Welcome to
Horizon House, building 3 residence 816. Discover this bright &
charming 1 bedroom with stunning sunset views. This unit features
hardwood flooring throughout, beautiful cherry wood cabinetry with
granite counters, stainless steel appliances & ample closet space.
Full service luxury amenities include a 24-hr doorman, community
room, gym, laundry, outdoor swimming pool, tennis courts, and
public transportation just steps from the complex. Maintenance
TOTAL including Garage Parking ($108), Cable ($48.90), Assessment
($163.33), and Base ($1,286.01) is $1,606.24. Maintenance includes
property taxes and all utilities! Pool/Gym/Tennis are additional
fees. An all cash purchase requires a minimum income of
$77,100/year. Subject to board approval: Min 25% down, 4-to-1
Income-to-Debt Ratio.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Co-op
Property Taxes
-
HOA Dues
$1,606
Year Built
-
Payment Calculator
Home Price
Down Payment
%
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Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
You can learn more about cap rate here .
Last updated: 9 months ago (NJMLS #23036734)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 10, 2024 | Sold | $118,000 | |
| Sold | |||
| Apr 10, 2024 | Listed by The Chen Agency - Weehawken | $108,000 | |
| Listed by The Chen Agency - Weehawken | |||
| Jan 29, 2024 | In contract | - | |
| In contract | |||
Property Highlights
Garage
Parking Details
Attached, Pkg Space In
Interior Details
Bedrooms: 1
Bathrooms: 1
None
Exterior Details
View: Sunset, West
Year Built: 1960's
3 Horizon Road #816, Fort Lee, NJ, 07024
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
05/25/2024
|
2 Bed
|
2 Bath
|
-
|
$290,000
2 Bed
2 Bath
|
$280,000
-3.45%
10/04/2024
|
-
|
Andrea Turiansky
Prominent Properties Sotheby's International Realty Englewood Cliffs
| |
|
04/26/2024
|
2 Bed
|
2 Bath
|
-
|
$245,000
2 Bed
2 Bath
|
$270,000
+10.20%
07/29/2024
|
-
|
Jacki Lee
Keller Williams - Fort Lee
| |
|
04/10/2024
|
1 Bed
|
1 Bath
|
-
|
$108,000
1 Bed
1 Bath
|
$118,000
+9.26%
04/10/2024
|
-
|
Wayne Bonsell
The Chen Agency - Weehawken
| |
|
03/19/2024
|
2 Bed
|
2 Bath
|
-
|
$230,000
2 Bed
2 Bath
|
$230,000
03/19/2024
|
-
|
Sweta Patel
Keller Williams - Fort Lee
| |
|
02/21/2024
|
1 Bed
|
1 Bath
|
-
|
$178,900
1 Bed
1 Bath
|
$210,500
+17.66%
07/11/2024
|
-
|
LIONEL CRUZ
NEXTHOME PRIME
| |
|
01/08/2024
|
1 Bed
|
1 Bath
|
-
|
$218,000
1 Bed
1 Bath
|
$225,000
+3.21%
05/15/2024
|
-
|
Wayne Bonsell
The Chen Agency - Weehawken
| |
|
08/15/2023
|
2 Bed
|
2 Bath
|
-
|
$239,000
2 Bed
2 Bath
|
$225,000
-5.86%
12/21/2023
|
-
|
Halley Natkin
Coldwell Banker, Fort Lee
| |
|
07/10/2023
|
2 Bed
|
2 Bath
|
-
|
$248,000
2 Bed
2 Bath
|
$248,000
10/20/2023
|
-
|
Fatima Bulur
The Chen Agency - Weehawken
| |
|
05/03/2023
|
2 Bed
|
2 Bath
|
-
|
$258,000
2 Bed
2 Bath
|
$250,000
-3.10%
08/08/2023
|
-
|
Halley Natkin
Coldwell Banker, Fort Lee
| |
|
03/09/2023
|
2 Bed
|
2 Bath
|
1241 ft²
|
$198,000
2 Bed
2 Bath
1241 ft²
|
-
-
|
-
|
Ila Kasofsky
Prominent Properties Sotheby's International Realty Englewood Cliffs
| |
|
06/22/2022
|
3 Bed
|
2 Bath
|
1450 ft²
|
$295,000
3 Bed
2 Bath
1450 ft²
|
-
-
|
-
|
CHRISTINE SAIGH
COLDWELL BANKER REALTY FLE
| |
|
09/29/2022
|
2 Bed
|
2 Bath
|
-
|
$270,000
2 Bed
2 Bath
|
-
-
|
-
|
Sweta Patel
Keller Williams - Fort Lee
| |
|
09/26/2022
|
3 Bed
|
2 Bath
|
-
|
$315,000
3 Bed
2 Bath
|
$315,000
06/01/2023
|
-
|
FANG SCHRECK
UNITED REAL ESTATE
| |
|
09/17/2022
|
3 Bed
|
2 Bath
|
-
|
$250,000
3 Bed
2 Bath
|
$225,000
-10.00%
08/22/2023
|
-
|
Deborah C. Felder
Coldwell Banker, Fort Lee
| |
|
07/01/2022
|
2 Bed
|
2 Bath
|
-
|
$300,000
2 Bed
2 Bath
|
-
-
|
-
|
Halley Natkin
Coldwell Banker, Fort Lee
| |
|
04/22/2022
|
1 Bed
|
1 Bath
|
843 ft²
|
$108,000
1 Bed
1 Bath
843 ft²
|
-
-
|
-
|
Halley Natkin
Coldwell Banker, Fort Lee
| |
|
02/17/2022
|
1 Bed
|
1 Bath
|
943 ft²
|
$150,000
1 Bed
1 Bath
943 ft²
|
-
-
|
-
|
Vinicius Reali-Parana
Keller Williams City Views Realty
| |
|
02/02/2022
|
4 Bed
|
3 Bath
|
3900 ft²
|
$198,000
4 Bed
3 Bath
3900 ft²
|
-
-
|
-
|
Halley Natkin
Coldwell Banker, Fort Lee
| |
|
10/01/2021
|
3 Bed
|
2 Bath
|
-
|
$278,000
3 Bed
2 Bath
|
-
-
|
-
|
Halley Natkin
Coldwell Banker, Fort Lee
| |
|
07/23/2021
|
1 Bed
|
1 Bath
|
-
|
$125,000
1 Bed
1 Bath
|
-
-
|
-
|
Dalia Flores
Christie's International Real Estate Group-Tenafly
| |
|
04/08/2021
|
2 Bed
|
2 Bath
|
-
|
$238,900
2 Bed
2 Bath
|
-
-
|
-
|
-
| |
|
03/30/2021
|
4 Bed
|
3 Bath
|
3900 ft²
|
$350,000
4 Bed
3 Bath
3900 ft²
|
-
-
|
-
|
-
| |
|
05/11/2021
|
2 Bed
|
2 Bath
|
1074 ft²
|
$130,000
2 Bed
2 Bath
1074 ft²
|
-
-
|
-
|
Halley Natkin
Coldwell Banker, Fort Lee
| |
|
04/06/2021
|
2 Bed
|
4 Bath
|
3000 ft²
|
$295,000
2 Bed
4 Bath
3000 ft²
|
-
-
|
-
|
-
| |
|
03/30/2021
|
2 Bed
|
2 Bath
|
1319 ft²
|
$194,000
2 Bed
2 Bath
1319 ft²
|
-
-
|
-
|
Halley Natkin
Coldwell Banker, Fort Lee
| |
|
03/30/2021
|
3 Bed
|
2 Bath
|
-
|
$238,000
3 Bed
2 Bath
|
-
-
|
-
|
-
|
Building Info
About Fort Lee
Similar Homes for Sale
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Listed by: Wayne Bonsell
The Chen Agency - Weehawken
Last Updated: 9 months ago
Data Source: NJMLS , MLS# 23036734
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RHP Realty NJ, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
The Chen Agency - Weehawken
Last Updated: 9 months ago
Data Source: NJMLS , MLS# 23036734
All information deemed reliable but not guaranteed.© 2024 New Jersey Multiple Listing Service Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703
