51 Harmer
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 |
|---|---|---|---|
| Apr 29, 2026 | Sold | ||
| Sold | |||
| Mar 27, 2026 | In contract | - | |
| In contract | |||
| Mar 17, 2026 | Listed by Vylla Home | $725,000 | |
| Listed by Vylla Home | |||
| Oct 15, 2025 | Listed | $799,000 | |
| Listed | |||
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Incredible opportunity to get into Wayne, NJ. This oversized 6 bedroom, 4 bath home spanning over 3,300 square feet has endless potential. Situated on a corner lot of quiet Harmer Terrace, conveniently located near top schools, shopping, and local restaurants. Featuring a two car garage, inground pool, and an incredibly spacious, blank canvas to make your own. Perfect for investors and/or buyers looking to create their dream home. Bring your vision!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017