5 Center Avenue
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 |
|---|---|---|---|
| Oct 18, 2021 | No longer available | - | |
| No longer available | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 19, 2021 | Listed by EXP Realty | $788,999 | |
| Listed by EXP Realty | |||
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One of a kind fully renovated Mother-Daughter home with large lot located in the heart of Matawan. The first floor features an updated kitchen with cabinet/counter-top space, remodeled full bathroom, dining room, living room, family room with heated floors, fireplace, skylights and sliders leading to deck and yard, garage and separate laundry room. The mother-daughter section is also on the first floor and is completely remodeled, perfect for extended family featuring a beautiful kitchen and private full bathroom, living room and bedroom. The second floor features a spacious master bedroom with walk-In-Closet and private master bathroom with a whirlpool tub and skylight, 2 additional bedrooms and a remodeled additional full bathroom. The manager has listed the unit size as 3756 square feet.
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| Mar 31, 2020 | In contract | - | |
| In contract | |||
| Mar 17, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017