38 Scholer 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 |
|---|---|---|---|
| Jan 31, 2020 | Sold | ||
| Sold | |||
| Nov 20, 2019 | Listed by VRI Homes | $314,900 | |
| Listed by VRI Homes | |||
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Freshly painted split..new tankless hot water..new furnace..new carpeting..move right into this 3 bedroom with a guest room that can also be used as a fourth bedroom. two full bathrooms with custom tile..flood insurance $1000.00 a year.no lifting necessary...Stand at the front door and watch the kids walk to school.. It may be winter but living in Union Beach is great come summer. Free beach to residents..great summer time entertainment at the shore..
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| Aug 2, 2019 | Sold | ||
| Sold | |||
| Mar 12, 2019 | Listed by VRI Homes | $229,900 | |
| Listed by VRI Homes | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017