32
Map
3516 City Place #3516
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%.
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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.
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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 15, 2025 | In contract | - | |
| In contract | |||
| Feb 16, 2025 | Price Decreased |
$599,000
↓ $50K
(7.7%) | |
| Price Decreased | |||
| Jan 8, 2025 | Listed by Christie's International Real Estate Group-Franklin Lakes | $649,000 | |
| Listed by Christie's International Real Estate Group-Franklin Lakes | |||
| May 1, 2021 | No longer available | - | |
| No longer available | |||
| Feb 11, 2021 | Listed by Keller Williams - Ridgewood | $627,000 | |
| Listed by Keller Williams - Ridgewood | |||
 | |||
|
Views and location! Beautiful updated 2 bedroom 2 full bath condo
in Edgewater, on the Hudson River with breathtaking New York City
views across the river. Unit features hardwood floors, updated
kitchen with stainless steel appliances, a beautifully renovated
bathroom. The extra dining space is great for family gatherings or
even an office/playroom! The community offers 24/7 concierge, a
gym, kids playroom and a large party/lounge room. Conveniently
located near bus to Port Authority and…
| |||
Property Highlights
3516 City Place #3516, Edgewater, NJ, 07020
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Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
02/11/2021
|
2 Bed
|
2 Bath
|
1431 ft²
|
$627,000
2 Bed
2 Bath
1431 ft²
|
-
-
|
-
|
Tara Roufanis
Keller Williams Village Square Realty
|
Building Info
About Edgewater
Similar Homes for Sale
Nearby Rentals
Christie's International Real Estate Group-Franklin Lakes
Last Updated: 12 days ago
Data Source: NJMLS , MLS# 25000971
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.
