5 Mercer Road
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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 |
|---|---|---|---|
| Dec 21, 2023 | Sold | ||
| Sold | |||
| Nov 21, 2023 | In contract | - | |
| In contract | |||
| Nov 3, 2023 | Listed by LIFESTYLE INTERNATIONAL REALTY | $455,000 | |
| Listed by LIFESTYLE INTERNATIONAL REALTY | |||
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Welcome home to this nicely appointed, well maintained raised ranch with a full finished basement, in the desirable Middlewood neighborhood of Old Bridge Township! Gleaming hardwood floors lead you throughout this lovely home. The roof is was installed only eighteen months ago, the entry living room leads into the finish area and boasts of the picture-window less than two years old. The finished basement is a great bonus and offers extra space for entertaining. The backyard is a serene oasis, including a beautiful patio, garden and a six year young Pool. Don't miss your chance to take a private tour of this rare find!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017