444 Tappan Road
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 |
|---|---|---|---|
| Nov 11, 2024 | Sold | ||
| Sold | |||
| Oct 12, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2024 | Listed by Keller Williams Town Life | $649,000 | |
| Listed by Keller Williams Town Life | |||
| Feb 8, 2024 | Sold | ||
| Sold | |||
| Feb 8, 2024 | Listed by RE/MAX Real Estate Limited | $459,000 | |
| Listed by RE/MAX Real Estate Limited | |||
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Opportunity knocks! Solid colonial home on huge 195 deep lot with terrific backyard in desirable town of Northvale NJ! Has 3 BRs with a 4th BR possible on the 1st flr. 1 full bathrm, but room to add a powder rm on 1st flr in place of the deep coat closet. Good size living rm, formal dining rm, good size kitchen, & a great Bonus Rm on the 1st flr which could be a 4th BR, Play Rm or Home Office! 3 BRs and Full bathrm on the 2nd flr. Large full bsmt with decent height ceilings. Could be finished but french drain recommended. Large bonus rm in bsmt for workshop, gym or storage. Fantastic backyard, 195 deep, with huge oversized detached garage with plenty of storage or could be a detached rec rm ! Lots of potential to update, expand or customize to your own designs! Close to K-8 school, and easy commute to NYC with bus stop just steps away. Rare opportunity at this price in Bergen County for great potential in a great town!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017