9
Map
320 Runnymede Road
Listed By
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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 18, 2025 | In contract | - | |
| In contract | |||
| Feb 13, 2025 | Price Decreased |
$790,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Nov 15, 2024 | Listed by Keller Williams Realty - NJ Metro Group | $800,000 | |
| Listed by Keller Williams Realty - NJ Metro Group | |||
| Nov 2, 2020 | No longer available | - | |
| No longer available | |||
| Oct 17, 2020 | Relisted | $899,000 | |
| Relisted | |||
Property Highlights
320 Runnymede Road
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Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
05/09/2019
| |
Loft
|
-
|
6600 ft²
|
$899,000
Loft
-
6600 ft²
|
-
-
|
-
|
-
|
|
01/09/2018
| |
Studio
|
-
|
6600 ft²
|
$950,000
Studio
-
6600 ft²
|
-
-
|
-
|
-
|
Building Info
- 1 Unit for Sale
About Essex Fells
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Keller Williams Realty - NJ Metro Group
Last Updated: 9 days ago
Data Source: NJMLS , MLS# 24036740
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.
