536 Tappan Street
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 |
|---|---|---|---|
| Aug 1, 2019 | Sold | ||
| Sold | |||
| Jun 7, 2019 | Listed by Coldwell Banker Realty | $249,900 | |
| Listed by Coldwell Banker Realty | |||
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Welcome to this great home for either a first time buyer or someone looking to downsize. Situated on a nice 100 x 100 lot, with recently updated roof (6 Yrs), Newer HVAC, CAC (5 Yrs). Conveniently located near schools, local shops and Garden State Parkway. Enter into a nice foyer that leads to an welcoming living room. The dining area off the kitchen is large for those family gatherings around the table during the holidays and special events. The kitchen offers plenty of cabinets and includes a Refrigerator, DW and gas Stove. Conveniently located off the kitchen is a spacious Laundry Room that includes a Washer / Dryer (as is). There is a large one-car attached garage for additional storage space. Located in the Forked River area of Lacey Twp, this is a wonder place to call home.
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| Dec 20, 2013 | Sold | ||
| Sold | |||
| Jul 15, 2013 | Listed by Coldwell Banker Riviera Realty | $195,000 | |
| Listed by Coldwell Banker Riviera Realty | |||
| Nov 30, 2012 | Listed by Coldwell Banker Riviera Realty, Inc. | $195,000 | |
| Listed by Coldwell Banker Riviera Realty, Inc. | |||
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This is a great home for the money! This 3 bedroom/2 bath home features an attached garage, an eat-in kitchen, a dining room with wood floor and sliders to a deck in the rear yard, a living room with wood floor, a laundry room and more! The home has good bones and is in good condition, overall. It just needs a little bit of TLC. Its a perfect candidate for an FHA 203K rehabilitation loan. Offers are subject to 3rd party approval.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017