31 Benson St
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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 |
|---|---|---|---|
| Sep 27, 2025 | No longer available | - | |
| No longer available | |||
| Aug 15, 2025 | In contract | - | |
| In contract | |||
| Sep 15, 2023 | Sold | ||
| Sold | |||
| Sep 15, 2023 | Listed by Coldwell Banker, Metuchen | $675,000 | |
| Listed by Coldwell Banker, Metuchen | |||
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Welcome home to this gorgeous newly renovated (2018) Colonial situated approximately 4 houses away from the Glen Ridge border. This spacious home boasts 2552 sq. ft. of living space (drawing provided but buyer must verify). Upon entering the home you will find an open floor plan, neutral colors and an abundance of sunlight. Home is well maintained. Kitchen has ample cabinet space, stainless steel appliances (Samsung), quartz countertops, large center island and lots of counter space. There is gleaming hardwood flooring throughout. Walk up attic that can be used as an office or playroom has a 12 ft. ceiling. Basement can be used as a gym and has a half bath and outside entry. There is a huge deck overlooking a well manicured backyard. Home has 5 large portable AC units 12000 - 14000 BTUs. Location is excellent! Home is only 1 mile from downtown Montclair. NYC transportation, shops, restaurants, schools and several parks are close by.
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| Aug 25, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017