49 Race Rd
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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 |
|---|---|---|---|
| Jul 17, 2023 | Sold | ||
| Sold | |||
| Jun 15, 2023 | In contract | - | |
| In contract | |||
| Jun 9, 2023 | Relisted | $619,000 | |
| Relisted | |||
| Apr 29, 2023 | In contract | - | |
| In contract | |||
| Apr 18, 2023 | Listed by Keller Williams Realty - NJ Metro Group | $599,000 | |
| Listed by Keller Williams Realty - NJ Metro Group | |||
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DON'T MISS this freshly painted 4 bed, 2.1 bath colonial in quiet cul-de-sac location. Covered porch, entry foyer w/ soaring ceiling to formal living (currently play room) & spacious dining rooms. Open layout kitchen to den w/ elegant stone fireplace, sliders to paver patio & expansive 2.5 acres. Half bath, mudroom & 2 car gar complete 1st flr. Upstairs boasts hall bath, convenient laundry w/ new washer, 4 large bedrooms incl en-suite primary w/ bonus sitting room (ideal nursery/dressing area) & bath (double vanity, shower & tub). Basement delights w/ big rec room & bar to host the big games! Updates: new eat-in kitchen (cabinetry/quartz counters/tile backsplash/sink/hardware/faucet/stainless appliances: air fryer stove/dishwasher/microwave/wine fridge) w/ new panel/chair rail molding on center island & nook. W/ some new flooring/light fixtures/ring doorbell/Nest thermostat/central air/sprinkler system, this stunning gem is close to schools/shops/eateries/highways/hiking/nature.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017