36 Heritage Drive
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 31, 2023 | Sold | ||
| Sold | |||
| Feb 2, 2023 | Listed by Smires & Associates | $879,900 | |
| Listed by Smires & Associates | |||
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A truly remarkable home. 4 bedroom, 3 full bath colonial with finished basement in most sought after Heritage Green neighborhood in Allentown NJ. In my 30-year career as a realtor this home is one of the finest examples of Perfect. The sellers define the term "Pride of Ownership." This home is in impeccable condition. From its meticulously maintained lawn including the newer inground pool and hot tub. Mature landscaping providing privacy in a tranquil setting. Upon entering the home, you are greeted by a towering 2 story foyer. Hardwood floors throughout. Graciously proportioned family room with vaulted ceilings, fireplace, and generous number of windows. First floor study. Updated expanded gourmet kitchen with island and adjoining sitting area. Full finished basement for entertaining or rec room. Gym area and additional office. The upper level offers 4 generous sized bedrooms including master bedroom suite with updated master bath. New full hall bath. This home sits on a prime lot backing to open space giving an expanded yard with no maintenance. Within walking distance to all 3 schools, recreation and the Historic Village of Allentown. 5 mins to exit 7a off the NJ Turnpike. 30 mins to the Jersey shore. 1 hour to NYC and 45 mins to Philly. Award winning schools. What more can you ask for. This home is a must see. I assure you wont be disappointed.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017