559 TOMLINSON MILL ROAD
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 |
|---|---|---|---|
| Jun 25, 2025 | Listed | $900,000 | |
| Listed | |||
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Lots of potential for savvy investors! 25.62 acres, zoned RD-3 Pinelands, up to 3-7 homes can be built *(subject to Pinelands approval)
*Disclaimer: Photos are the approximate property lines, not exact.
The seller said that property this also has a lot of mixed hardwoods that could be sold and used for furniture making, Maple, Oak, Pine, etc.
Lots of potential- can build your dream home or investor can build several homes!
*PLEASE CALL BEFORE ENTERING PROPERTY - FENCED AREA IS TOWNSHIP PROPERTY NO TRESPASSING*
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| Mar 2, 2023 | No longer available | - | |
| No longer available | |||
| Mar 9, 2022 | Listed | $1,000,000 | |
| Listed | |||
| Jan 13, 2022 | No longer available | - | |
| No longer available | |||
| Jun 8, 2021 | Listed | $1,500,000 | |
| Listed | |||
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25.62 Acres zoned RD3-Pinelands 3.2 acres per lot allowed.
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Address: 335 Madison Avenue, New York, NY 10017