36 Modena Circle
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 |
|---|---|---|---|
| May 21, 2021 | Sold | ||
| Sold | |||
| Mar 17, 2021 | Listed by Scarfo Real Estate, Inc. | $239,900 | |
| Listed by Scarfo Real Estate, Inc. | |||
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55 and over community. LIBERTY MANOR, Westfield. One person must be age 55 or over. Unique opportunity. Built in 2014, 3 bedroom 2 bath ranch with 1 car attached garage and attached shed. First floor laundry, forced air natural gas heat, central air, French door refrigerator, gas range, dishwasher and microwave hood. Master bedroom with ceiling fan light, private master bath with double vanity, walk in shower and skylight. 2 more guest bedrooms with closets and ceiling fans and guest bathroom with tub/shower combination. Large kitchen with island and pendant lighting, recessed lighting, dining room area with slider to deck and patio area. Laundry/mudroom with door to attached garage with opener. Available for showings immediately. (Land lease is $452 per month.)
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| Jan 20, 2016 | Sold | ||
| Sold | |||
| Jul 30, 2014 | Listed by Scarfo Real Estate, Inc. | $199,000 | |
| Listed by Scarfo Real Estate, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017