3001 Edwin Avenue #2A
About This Property
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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.
You can learn more about cap rate here .
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 8, 2024 | In contract | - | |
| In contract | |||
| Sep 19, 2024 | Listed by Coldwell Banker, Fort Lee | $239,000 | |
| Listed by Coldwell Banker, Fort Lee | |||
Property Highlights
3001 Edwin Avenue #2A, Fort Lee, NJ, 07024
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Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
02/08/2024
|
1 Bed
|
1 Bath
|
-
|
$209,000
1 Bed
1 Bath
|
$209,000
05/01/2024
|
-
|
Maureen Flynn
Coldwell Banker, Fort Lee
|
|
|
08/14/2023
|
1 Bed
|
1 Bath
|
-
|
$195,000
1 Bed
1 Bath
|
$206,000
+5.64%
09/29/2023
|
-
|
Seong E. Kim
EXP Realty, LLC
|
|
|
11/30/-0001
|
|
1 Bed
|
1 Bath
|
-
|
$170,000
1 Bed
1 Bath
|
$180,000
+5.88%
01/13/2023
|
-
|
VALENTINA KLYACHKO
COLDWELL BANKER REALTY WYK
|
Building Info
About Fort Lee
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Coldwell Banker, Fort Lee
Last Updated: 5 days ago
Data Source: NJMLS , MLS# 24030482
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.
