3 Prospect Pl
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 29, 2023 | Sold | ||
| Sold | |||
| Feb 18, 2023 | In contract | - | |
| In contract | |||
| Feb 2, 2023 | Relisted | $460,000 | |
| Relisted | |||
| Jan 25, 2023 | In contract | - | |
| In contract | |||
| Jan 12, 2023 | Listed by Compass New Jersey, LLC | $460,000 | |
| Listed by Compass New Jersey, LLC | |||
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Tastefully updated 2br/2bath ranch on a quiet dead-end street. A condo alternative with low taxes and spacious grounds to enjoy. Main floor has living room/dining room kitchen with SS appliances and convenient mud room/side entrance, Two rear bedrooms primary with closet system. A full finished basement provides an additional family room & office/bedroom plus full, renovated bathroom and laundry room. Freshly painted in a cool pallette and decorated with lots of sunlit windows. A rear sliding door to an impressive back yard fabulously set for entertaining includes a patio covered with a screen-draped gazebo, 2-tier pond rockery, firepit area and back he/she shed great for an art studio, workshop, or just a an extra room getaway. Fenced-in yard. New gas service will be hooked up before closing. Located close to all of the conveniences of Pine Brook and easy access to Routes 46 and 80. Good Montville schools. A small home with big attitude!Will not disappoint
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017