31 Martin Pl
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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 |
|---|---|---|---|
| Jun 13, 2023 | Sold | ||
| Sold | |||
| May 16, 2023 | In contract | - | |
| In contract | |||
| Apr 29, 2023 | In contract | - | |
| In contract | |||
| Apr 18, 2023 | Listed by Coldwell Banker, Montclair | $550,000 | |
| Listed by Coldwell Banker, Montclair | |||
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YOUR SEARCH ENDS HERE! Welcome home to this well maintained ranch that is situated in a prime location and offers the perfect blend of convenience and comfort. Featuring natural lighting throughout, this home features three bedrooms, two full bathrooms, hardwood floors, a spacious living room, dining room and family room with a wood burning fireplace as the centerpiece. The eat-in kitchen boasts an oversized center island with plenty of cabinet space. The master suite comes complete with a large walk-in closet and private master bathroom. Enjoy outdoor entertaining on the stone patio or side deck that overlooks the sizable backyard which includes a storage shed for all your tools and toys. The finished basement provides additional space including a rec room and laundry area. Plus easy access to NYC transportation! Don't miss out on this one-of-a kind property - schedule your private tour today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017