36 Lamar Avenue
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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 |
|---|---|---|---|
| May 28, 2024 | Sold | ||
| Sold | |||
| Mar 26, 2024 | In contract | - | |
| In contract | |||
| Feb 27, 2024 | Listed by BETTER HOMES&GARDENS RE MATURO | $649,000 | |
| Listed by BETTER HOMES&GARDENS RE MATURO | |||
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North Edison location! Close to Metro Park Train Station, the top-ranked North Edison schools are JP Stevens, John Adams Middle, and James Madison Elementary. This beautiful bi-level home features a sunny living room, a formal dining room, a large, updated kitchen with oak cabinets and granite countertops, a full bath, a master bedroom with a walk-in closet, and the second bedroom on the main floor. Three additional bedrooms and a den are on the top floor. The walkout basement offers a recreation/exercise area, laundry room, and full bath with access to the oversized 2-car garage. Outside, the huge park-like backyard is completely fenced. This home is sold as-is, and no credit will be given for any repairs. The buyer will be responsible for obtaining the township CO and any certifications. Multiple offers. Best and Highest by Thursday 3/7/2024 2pm
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017