50
Map
408 New Road
About This Property
Listed By
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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 |
|---|---|---|---|
| Oct 5, 2026 | Listed by Roman Balandin Realty LLC | $550,000 | |
| Listed by Roman Balandin Realty LLC | |||
| Jul 15, 2024 | Price Decreased |
$400,000
↓ $35K
(8.1%) | |
| Price Decreased | |||
| Jun 12, 2024 | Listed | $435,000 | |
| Listed | |||
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Discover this delightful 2100 sq. ft. single-family home in the serene community of Southampton, NJ. Perfect for first-time home buyers or savvy investors, this property combines comfort and potential.
The home offers a spacious living area, including a generous living room, dining area, and well-appointed kitchen. It features comfortable bedrooms with ample natural light and convenient bathrooms ready for your personal touch.
The large, well-maintained yard is perfect for outdoor activities and offers endless possibilities for landscaping or adding amenities. Note that the Certificate of Occupancy (C/O) is the buyer's responsibility, providing flexibility to meet your specific needs. Located in a tranquil neighborhood, this home is close to schools, parks, shopping centers, and major roadways. It's a great opportunity for first-time buyers to build equity or for investors to secure a property with strong rental income or resale potential.
Don't miss out on this charming home in Southampton, NJ. Schedule a viewing today and explore the possibilities!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017