36
Map
389 Washington Street #29J
About This Property
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Cap Rate Calculator
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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Sep 27, 2024 | Sold | ||
Sold | |||
Aug 18, 2024 | In contract | - | |
In contract | |||
Jun 30, 2024 | Price Decreased |
$779,900
↓ $20K
(2.5%) | |
Price Decreased | |||
May 21, 2024 | Listed by Prominent Properties Sotheby's International Realty-Hoboken | $799,900 | |
Listed by Prominent Properties Sotheby's International Realty-Hoboken |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
05/30/2024
|
2 Bed
|
2 Bath
|
1366 ft²
|
$1,125,000
2 Bed
2 Bath
1366 ft²
|
-
-
|
-
|
JAMES CAHILL
KELLER WILLIAMS CITY LIFE JC REALTY
| |
05/21/2024
|
1 Bed
|
1 Bath
|
-
|
$799,900
1 Bed
1 Bath
|
$762,500
-4.68%
09/27/2024
|
-
|
INGRID HART
PROMINENT PROPERTIES SIR
| |
04/05/2024
|
1 Bed
|
1 Bath
|
-
|
$769,000
1 Bed
1 Bath
|
$762,900
-0.79%
06/24/2024
|
-
|
JILL BIGGS
COLDWELL BANKER RESIDENTIAL BROKERAGE
| |
04/02/2024
|
1 Bed
|
1 Bath
|
566 ft²
|
$645,000
1 Bed
1 Bath
566 ft²
|
-
-
|
-
|
Corrado Giancaspro
Liberty Realty, LLC
| |
03/22/2024
|
1 Bed
|
1 Bath
|
706 ft²
|
$760,000
1 Bed
1 Bath
706 ft²
|
$732,500
-3.62%
06/27/2024
|
-
|
Galina Peterson
BHHS Fox & Roach Princeton Home Marketing Center
| |
03/22/2024
|
1 Bed
|
1 Bath
|
-
|
$600,000
1 Bed
1 Bath
|
$595,000
-0.83%
03/22/2024
|
-
|
Gregory Taylor
Compass
| |
06/19/2023
|
1 Bed
|
1 Bath
|
756 ft²
|
$739,500
1 Bed
1 Bath
756 ft²
|
-
-
|
-
|
DOMENIQUE TOZZO-RULE
NJ REAL ESTATE BOUTIQUE LLC
| |
11/15/2022
|
2 Bed
|
2 Bath
|
1250 ft²
|
$5,500
2 Bed
2 Bath
1250 ft²
|
-
-
|
-
|
ANTHONY IEMMELLO
WEICHERT REALTORS
| |
07/27/2022
|
1 Bed
|
1 Bath
|
566 ft²
|
$579,000
1 Bed
1 Bath
566 ft²
|
-
-
|
-
|
PAUL WITTE
WEICHERT REALTORS
| |
07/21/2022
|
2 Bed
|
2 Bath
|
1366 ft²
|
$1,149,000
2 Bed
2 Bath
1366 ft²
|
-
-
|
-
|
Kaushik Vaidya
Redfin Corporation
| |
05/25/2022
|
1 Bed
|
1 Bath
|
756 ft²
|
$749,000
1 Bed
1 Bath
756 ft²
|
-
-
|
-
|
Victoria Wu
Keller Williams City Life Realty
| |
05/10/2022
|
2 Bed
|
2 Bath
|
1366 ft²
|
$1,149,000
2 Bed
2 Bath
1366 ft²
|
-
-
|
-
|
VINITA GOEL
WEICHERT REALTORS
| |
03/14/2022
|
2 Bed
|
2 Bath
|
1100 ft²
|
$1,025,000
2 Bed
2 Bath
1100 ft²
|
-
-
|
-
|
Darren Giordano
EXP Realty, LLC
| |
07/14/2021
|
1 Bed
|
1 Bath
|
772 ft²
|
$750,000
1 Bed
1 Bath
772 ft²
|
-
-
|
-
|
Qizhan Yao
Realmart Realty, LLC
| |
05/05/2021
|
1 Bed
|
1 Bath
|
-
|
$725,000
1 Bed
1 Bath
|
$700,000
-3.45%
08/24/2021
|
-
|
Deborah Murtagh
Weichert Realtors-Sea Girt
| |
01/22/2021
|
1 Bed
|
1 Bath
|
717 ft²
|
$680,000
1 Bed
1 Bath
717 ft²
|
-
-
|
-
|
Kaushik Vaidya
Redfin Corporation
| |
09/15/2020
|
1 Bed
|
1 Bath
|
-
|
$739,000
1 Bed
1 Bath
|
-
-
|
-
|
-
| |
03/12/2020
|
2 Bed
|
2 Bath
|
1247 ft²
|
$1,139,000
2 Bed
2 Bath
1247 ft²
|
-
-
|
-
|
JILL BIGGS
COLDWELL BANKER RESIDENTIAL BROKERAGE
| |
07/14/2020
|
1 Bed
|
1 Bath
|
772 ft²
|
$765,000
1 Bed
1 Bath
772 ft²
|
-
-
|
-
|
MICHELE PERROTTA
VUE REALTY GROUP LLC
| |
06/14/2020
|
2 Bed
|
2 Bath
|
1366 ft²
|
$1,149,000
2 Bed
2 Bath
1366 ft²
|
-
-
|
-
|
ANTHONY ARMAGNO
ARMAGNO AGENCY INC
| |
03/10/2020
|
1 Bed
|
1 Bath
|
706 ft²
|
$649,000
1 Bed
1 Bath
706 ft²
|
-
-
|
-
|
KYLE KLAUS
PRESTIGE PROPERTY GROUP LLC
| |
02/01/2020
|
1 Bed
|
1 Bath
|
-
|
$645,000
1 Bed
1 Bath
|
-
-
|
-
|
INGRID HART
PROMINENT PROPERTIES SIR
| |
12/03/2019
|
2 Bed
|
2 Bath
|
1366 ft²
|
$1,175,000
2 Bed
2 Bath
1366 ft²
|
-
-
|
-
|
JILL BIGGS
COLDWELL BANKER RESIDENTIAL BROKERAGE
| |
07/01/2019
|
1 Bed
|
1 Bath
|
-
|
$650,000
1 Bed
1 Bath
|
-
-
|
-
|
INGRID HART
PROMINENT PROPERTIES SIR
| |
04/16/2019
|
2 Bed
|
2 Bath
|
1366 ft²
|
$1,225,000
2 Bed
2 Bath
1366 ft²
|
-
-
|
-
|
HEATHER WILLIAMS
KELLER WILLIAMS CITY LIFE REALTY
| |
09/02/2017
| |
1 Bed
|
2 Bath
|
566 ft²
|
$675,000
1 Bed
2 Bath
566 ft²
|
$1,199,000
+77.63%
07/26/2018
|
PURVI CHAUDHARY
|