305 Newark Drive
About This Property
Freshly painted 3 bdrm, 2 full bath ranch on large corner lot in Herbertsville area. Open floor plan .Living room, dining room and eat in kitchen. Newer kitchen with SS appliances. Newer A/C and Hot Water Heater (2017), Furnace (2020), Roof and Gutters (2020). Wonderful private backyard with patio.
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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 |
|---|---|---|---|
| Mar 21, 2025 | Sold | ||
| Sold | |||
| Feb 21, 2025 | In contract | - | |
| In contract | |||
| Feb 6, 2025 | Listed by Diane Turton, Realtors-Point Pleasant Boro | $499,000 | |
| Listed by Diane Turton, Realtors-Point Pleasant Boro | |||
| Jun 30, 2017 | Sold | ||
| Sold | |||
| Mar 23, 2017 | Listed by Ward Wight Sotheby's International Realty | $274,900 | |
| Listed by Ward Wight Sotheby's International Realty | |||
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Nestled in the Herbertsville area is this 3 bedroom ranch on a beautiful corner lot. Are you looking for an open floor plan, central air, gas heat and a lovely yard? Come make this house your home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017