48 Ford Road
About This Property
Upstairs has a large master bedroom with separate sitting room, walk-in closet and on-suite bathroom. Three additional generously-sized bedrooms and a full bathroom round out the upstairs. The backyard features a new, expansive Trex deck spanning almost the full length of the house. Deck can be accessed through new sliding doors in the family room, through a sunroom that overlooks the deck and backyard or through the laundry area. Entire yard is fenced in with ample lawn space and two sheds.
Two-zone heating and cooling with new high-efficiency furnaces and high-efficiency Carrier AC units. Recently refinished hardwood floors downstairs and newer carpeting upstairs. Minutes to shopping and schools.
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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 |
|---|---|---|---|
| Jun 21, 2024 | Sold | ||
| Sold | |||
| Apr 24, 2024 | Listed by Compass New Jersey , LLC | $699,000 | |
| Listed by Compass New Jersey , LLC | |||
| May 28, 2021 | Sold | ||
| Sold | |||
| Mar 25, 2021 | Listed by Weichert Realtors-Jackson | $499,000 | |
| Listed by Weichert Realtors-Jackson | |||
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Expect to be impressed with this Center Hall Colonial on a park-like wooded lot, it's absolutely beautiful. View 4 Bed 3 Full Bath Located on 2 acres! Newer Siding, Sunroom with fan/lighting over looking the fenced in backyard. French doors leading to a 32X24 deck and another deck with a hot tub! Workshop in garage!
This home offers All Anderson windows, hardwood flooring through out the first floor with a wood burning fireplace. Upgraded kitchen including, Maple wood cabinets and Granite counter tops. Stainless steel appliances with
a large commercial grade Viking Stove, Double oven and a Great pantry closet. This is a custom built kitchen for sure.
Master bedroom has a sitting area, skylight, bath and walk in closet.
Nice size bedrooms and a full basement.
Hurry this won't last
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017