401 Decatur Avenue
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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 |
|---|---|---|---|
| Nov 6, 2023 | Sold | ||
| Sold | |||
| Oct 7, 2023 | In contract | - | |
| In contract | |||
| Oct 3, 2023 | Listed by COLDWELL BANKER REALTY | $449,000 | |
| Listed by COLDWELL BANKER REALTY | |||
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Your search is over. This meticulously maintained 3 bedroom 2 full bath cape cod located in a charming neighborhood could be your next place to call HOME. As you pull up, you will see the professionally landscaped yard with paver walkway to the front entrance. Upon entry, you will be delighted with a freshly painted living room with tons of natural light from the large bay window. Off the living room you will find a first floor full bath, two newly painted bedrooms with hardwood floors and cedar closets, along with an eat in kitchen offering newer stainless steel appliances, plenty of cabinet space and direct access to the homes carport. Upstairs you will love the large third bedroom, full bath, sizeable den, all with hardwood floors and cedar closets. You can enjoy years of entertaining in the fully finished basement which has heated tile floors and pocket doors to the office and laundry room. The fenced in backyard has a large, maintenance free deck, paver patio, retractable awning and outdoor shed. All this with a location close to parks, playgrounds, shopping, major highways and Rutgers University. Hurry don't wait. Make your appointment today.. This one will not last.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017