427 Center Street
About This Property
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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 |
|---|---|---|---|
| May 17, 2022 | Sold | ||
| Sold | |||
| Feb 16, 2022 | Listed by RE/MAX at Barnegat Bay - Forked River | $200,000 | |
| Listed by RE/MAX at Barnegat Bay - Forked River | |||
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Modernized cottage with rustic charm. Ideal location: nestled in the pines & just a few blocks from the lake. Front porch opens to a quaint morning room or indoor porch wrapped in windows. Step into the living room boasting newer floors. This open floor plan is Ideal for entertaining with newer color palette throughout. The eat in kitchen is efficient with lots of storage & cabinets. Bedrooms are cozy with ceiling fan & nice wall decor. Laundry room is spacious. Come see this charmer: all natural setting & backyard is all fenced in. Heat gas/hotwater baseboard. ALSO Included - Newer Mini split Fujitsu AC unit/heating system.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017