Listed by: Athanasia Daniskas, [email protected], Prominent Properties Sotheby's International Realty-Montclair, (973) 783-6900, Listing Courtesy of NJMLS
$711,000
●
House -
Off Market
31 Rutgers Place
Bloomfield, NJ 07003
4 Beds
2 Baths
$4,503
Est. Monthly
4.88%
Cap Rate
About This Property
Fabulous large Cape in the most desirable Oak View section. This
meticulously maintained home features, 4 bedrooms, 2 full renovated
bathrooms, Bright and sunny Living Room, Eat in Kitchen - separate
eating area, amazing and cozy Family Room off kitchen that leads to
the large deck, glass slider doors. First floor consists of 2
Bedrooms, FR, LR, Kit, Full bath with large tub, second level
consists of 2 additional bedrooms and full bathroom with amazing,
tiled shower, radiant heat floors in bathroom, glass shower doors,
Attic storage space. Lower level consists of large recreation room
and wonderful Dry-Bar great for entertaining guests and relaxation.
Adjacent to Rec Room is laundry room and utility room - Space can
be used as a home gym. Central Air, One Car detached garage,
Interior completely painted. Just blocks away from the highly rated
Oak View elementary school and near shopping center and
restaurants. Easy NYC commute, nearby park & ride, NYC Bus. Move in
ready
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$1,011
HOA Dues
-
Year Built
1950
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (NJMLS #24026737)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 26, 2024 | Sold | ||
| Sold | |||
| Aug 31, 2024 | In contract | - | |
| In contract | |||
| Aug 18, 2024 | Listed by Prominent Properties Sotheby's International Realty-Montclair | $589,000 | |
| Listed by Prominent Properties Sotheby's International Realty-Montclair | |||
Property Highlights
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
Price/ft²
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Sold On
HOA + Taxes
About Brookdale
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Listed by: Athanasia Daniskas
Prominent Properties Sotheby's International Realty-Montclair
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 24026737
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RHP Realty NJ, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
Prominent Properties Sotheby's International Realty-Montclair
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 24026737
All information deemed reliable but not guaranteed.© 2026 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.
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