30 FARNDALE RD
About This Property
As you step inside, you'll be greeted by a newer oak kitchen, complete with a convenient 5-burner gas stove, built-in microwave, and a spacious pantry with pull-out drawers. The kitchen provides ample storage and is perfect for both preparing everyday meals and entertaining guests. The ceramic tile bath has been tastefully updated, adding a touch of modern elegance to the home. The living room boasts beautiful hardwood floors, creating a warm and inviting atmosphere. Cozy up by the gas fireplace during colder months and enjoy the natural light streaming in through the Andersen bay window. The full, partially finished walk-out basement is a versatile space that can be used as a recreational area or even a home bar. Additionally, there is plenty of storage space available to keep your belongings organized. Outside, you'll find a vinyl-sided exterior with a charming stone front, adding to the curb appeal of the property. The fenced large yard provides a safe and private space for outdoor activities and is bordered by a serene nature area, offering a peaceful and picturesque backdrop.
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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 25, 2023 | Sold | ||
| Sold | |||
| Jul 22, 2023 | In contract | - | |
| In contract | |||
| Jul 19, 2023 | Relisted | $229,900 | |
| Relisted | |||
| Jul 8, 2023 | In contract | - | |
| In contract | |||
| Jun 30, 2023 | Listed by RE/MAX Of Cherry Hill | $229,900 | |
| Listed by RE/MAX Of Cherry Hill | |||
Property Highlights
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About Somerdale
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$2,390 /mo
- 2 Beds
- 2 Baths
- 1,029 ft²
$2,500 /mo
- 4 Beds
- 2 Baths
- 2,500 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017