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584 CLAYTON ROAD
About This Property
The home features 3 bedrooms, 1 full bathroom, and sits on a generously sized lot. It is currently occupied by a long-term tenant paying $1,300 per month, offering immediate rental income with potential upside as the current rent is below market.
But the real opportunity is the massive detached two-car garage with additional space above, opening the door to a variety of possibilities. For an investor, it may offer future income potential, while a contractor, business owner, or hobbyist could take advantage of the substantial storage and workspace. The upper level also provides additional potential for future use, subject to township approvals and zoning.
With existing rental income, a large lot, and a detached garage that sets this property apart, 584 Clayton offers plenty of possibilities. Schedule your tour today!
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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 |
|---|---|---|---|
| Sep 15, 2026 | Listed by Prime Realty Partners | $225,000 | |
| Listed by Prime Realty Partners | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017