3081 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 |
|---|---|---|---|
| Apr 16, 2024 | Sold | ||
| Sold | |||
| Feb 28, 2024 | In contract | - | |
| In contract | |||
| Feb 24, 2024 | Relisted | $198,000 | |
| Relisted | |||
| Jan 30, 2024 | In contract | - | |
| In contract | |||
| Dec 21, 2023 | Relisted | $198,000 | |
| Relisted | |||
Property Highlights
3081 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 |
|---|---|---|---|---|---|---|---|---|
|
04/10/2024
|
1 Bed
|
1 Bath
|
-
|
$239,000
1 Bed
1 Bath
|
$230,000
-3.77%
07/09/2024
|
-
|
Bessie Zevgaras
Coldwell Banker, Fort Lee
| |
|
03/05/2024
|
Studio
|
1 Bath
|
-
|
$139,000
Studio
1 Bath
|
$139,000
06/17/2024
|
-
|
Maureen Flynn
Coldwell Banker, Fort Lee
| |
|
10/30/2023
|
1 Bed
|
1 Bath
|
-
|
$198,000
1 Bed
1 Bath
|
$198,000
04/16/2024
|
-
|
Maureen Flynn
Coldwell Banker, Fort Lee
| |
|
03/03/2023
|
Studio
|
1 Bath
|
-
|
$117,500
Studio
1 Bath
|
$117,500
06/29/2023
|
-
|
Vitaliy Kourzanov
Coldwell Banker, Hillsdale
| |
|
07/07/2021
|
1 Bed
|
1 Bath
|
-
|
$140,000
1 Bed
1 Bath
|
-
-
|
-
|
Maureen Flynn
Coldwell Banker, Fort Lee
| |
|
05/19/2021
|
1 Bed
|
1 Bath
|
-
|
$149,000
1 Bed
1 Bath
|
-
-
|
-
|
Maureen Flynn
Coldwell Banker, Fort Lee
|
Building Info
About Fort Lee
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Coldwell Banker, Fort Lee
Last Updated: 10 months ago
Data Source: NJMLS , MLS# 23033336
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.
