523 OTTO AVE
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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 |
|---|---|---|---|
| Aug 23, 2021 | Sold | ||
| Sold | |||
| Jul 1, 2021 | Listed by HomeSmart First Advantage Realty | $325,000 | |
| Listed by HomeSmart First Advantage Realty | |||
| May 15, 2020 | Sold | ||
| Sold | |||
| Mar 17, 2020 | Listed by Weichert Realtors - Moorestown | $135,000 | |
| Listed by Weichert Realtors - Moorestown | |||
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Welcome to this 4 bedroom 2.5 bath home located in desirable Edgewater Park. Home features formal dining room, great room with fireplace, large eat in kitchen, master suite with private bath, 3 more oversized bedrooms and full basement. Located in a nice development and sitting on a nice lot. With a little imagination and elbow grease, you could turn this into your dream home! Close to all major roadways and minutes to Philadelphia and the joint military bases. Well priced! Don't let this one get away!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017