38 Lower Main Street
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, 2023 | Sold | ||
| Sold | |||
| Jan 18, 2023 | Listed by C21/ Charles Smith Agency | $450,000 | |
| Listed by C21/ Charles Smith Agency | |||
| | |||
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Exceptional Colonial Home, Rocking Chair front porch, High 9 foot ceilings, newer windows and roof. You will be the envy of all when they enter your Open foyer/hallway leading to a tranquil living room full of natural sunlight, half bath, formal dining room fit for a king and Phenomenal Eat in kitchen w/appliance package, Stroll upstairs to 3 generous bedrooms. master bedroom has open closet/office space. Full bath. Head down to the full basement. inside/outside entrance. set up now as an office (for owner) Plenty of storage, Home offers 2 furnaces and AC units. Trex Front and back deck. Smart thermostat, Open floor plan, Transfer switch for a generator.4 car driveway .Rear mud room, laundry and pantry room lead to a fully fenced yard w/above ground pool Perfect entertaining w/patio
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| Dec 5, 2014 | Sold | ||
| Sold | |||
| Nov 30, 2013 | Listed by Berkshire Hathaway HomeServices Fox & Roach - Manalapan | $160,000 | |
| Listed by Berkshire Hathaway HomeServices Fox & Roach - Manalapan | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017