$375,000
●
House -
Off Market
5 Cypress Drive
Colonia, NJ 07067
4 Beds
2 Baths
1,586 Ft²
$617,057
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model
About This Property
Welcome to this Oak Ridge Heights Gem. Move-in ready Split Level, 4
Bedroom, 2 full Bath, home is waiting for you! Situated on a wide
corner lot with a spacious backyard, Paver patio and attached
Garage. Plus the bright Kitchen has been recently remodeled to
include recessed lighting, hardwood flooring, chestnut cabinets,
granite counter tops, new stainless steel appliances includes 5
burner gas stove with gas/convection oven, stove hood, wall mounted
microwave, and dishwasher. Hardwood flooring in living, dining,
kitchen, and in all 3 third floor bedrooms. Laminate flooring
in the 1st floor Bedroom and Family room. Oak Ridge Heights
Elementary School is 1 block away, plus a few blocks to the
Library and to the Play Park. Train to NYC is accessible at
Metro Park or Rahway. Closeby GSP.
Unit Size
1,586 Ft²
Days on Market
-
Land Size
-
Price per sqft
$245
Property Type
House
Property Taxes
$700
HOA Dues
-
Year Built
1950
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (MOMLS #21704795)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 20, 2017 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $389,000 | |
| Listed | |||
| | |||
|
Welcome to this Oak Ridge Heights Gem. Move-in ready Split Level, 4 Bedroom, 2 full Bath, home is waiting for you! Situated on a wide corner lot with a spacious backyard, Paver patio and attached Garage. Plus the bright Kitchen has been recently remodeled to include recessed lighting, hardwood flooring, chestnut cabinets, granite counter tops, new stainless steel appliances includes 5 burner gas stove with gas/convection oven, stove hood, wall mounted microwave, and dishwasher. Hardwood flooring in living, dining, kitchen, and in all 3 third floor bedrooms. Laminate flooring in the 1st floor Bedroom and Family room. Oak Ridge Heights Elementary School is 1 block away, plus a few blocks to the Library and to the Play Park. Train to NYC is accessible at Metro Park or Rahway. Closeby GSP. The manager has listed the unit size as 1586 square feet.
| |||
| Feb 7, 2017 | Listed by Coldwell Banker Realty | $389,000 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Colonia
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Listed by: Jeanne A. Rich, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21704795
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21704795
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017