3579 Newark Road
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%.
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 21, 2025 | Sold | ||
| Sold | |||
| Feb 20, 2025 | In contract | - | |
| In contract | |||
| Feb 12, 2025 | Listed by Empire Realty Group | $199,900 | |
| Listed by Empire Realty Group | |||
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This inviting Cape Cod-style home offers a peaceful retreat on a tranquil street, providing both privacy and convenience. Featuring three spacious bedrooms, the layout is perfect for families or those seeking extra space. The expansive living room boasts plenty of natural light, making it a great space for relaxation or entertaining. The property includes a large yard, ideal for outdoor activities, gardening, or simply enjoying the serene surroundings. The full basement offers endless possibilities, with a dedicated workshop area for those who love to tinker or need extra storage. Don't miss the opportunity to own this beautifully situated Cape Cod home with all the space and charm you’ve been searching for! Open house Saturday February 15th 12pm to 1:30pm with delayed until Tuesday February 18th @ 12pm.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017