
1
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39 New Jersey Avenue
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Aug 23, 2024 | Sold | ||
Sold | |||
Jun 12, 2024 | In contract | - | |
In contract | |||
May 28, 2024 | Listed by Karla K. Cino, LLC | $450,000 | |
Listed by Karla K. Cino, LLC | |||
Dec 19, 2003 | Sold to Carlos Simao, Marinha Rodri... | ||
Sold to Carlos Simao, Marinha Rodri... | |||
Mar 5, 2003 | Sold to Michele Russo Creonte | ||
Sold to Michele Russo Creonte |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
05/28/2024
| |
2 Bed
|
2 Bath
|
-
|
$450,000
2 Bed
2 Bath
|
$520,000
+15.56%
08/23/2024
|
-
|
Karla Cino
Karla K. Cino, LLC
|
Building Info

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