1
Map
40 Litchult Lane
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 30, 2024 | Sold | ||
| Sold | |||
| Jul 25, 2024 | In contract | - | |
| In contract | |||
| Jun 28, 2024 | Price Decreased |
$599,000
↓ $30K
(4.8%) | |
| Price Decreased | |||
| Jun 14, 2024 | Price Decreased |
$629,000
↓ $21K
(3.2%) | |
| Price Decreased | |||
| May 14, 2024 | Listed by Coldwell Banker, Allendale/Saddle River Valley | $650,000 | |
| Listed by Coldwell Banker, Allendale/Saddle River Valley | |||
Property Highlights
40 Litchult Lane
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Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
05/14/2024
| |
2 Bed
|
3 Bath
|
-
|
$650,000
2 Bed
3 Bath
|
$550,000
-15.38%
08/30/2024
|
-
|
LYNN SPAIN
COLDWELL BANKER REALTY SRV
|
Building Info
About Bergen
Similar Homes for Sale
Nearby Rentals
Coldwell Banker, Allendale/Saddle River Valley
Last Updated: 9 months ago
Data Source: NJMLS , MLS# 24014914
All information deemed reliable but not guaranteed.© 2024 New Jersey Multiple Listing Service Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
