59 Park Terrace
About This Property
The location of this home is a major advantage. Convenient access to commuter access points, including Montclair and more, makes it an exceptional option for first-time home buyers and NYC transplants alike. It's the ideal blend of a peaceful suburban retreat with easy access to urban amenities and transit options.
If you're searching for a single-family home that combines modern living with a tranquil setting, look no further. This property offers the space, style, and convenience that you've been dreaming of. Don't miss out on this exceptional opportunity - schedule a viewing today and envision your future in this wonderful home!
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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 |
|---|---|---|---|
| Jan 26, 2024 | Price Increased |
$400,000
↑ $1K
(0.3%) | |
| Price Increased | |||
| Jan 26, 2024 | Listed by RE/MAX Central | $399,000 | |
| Listed by RE/MAX Central | |||
| | |||
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Nestled on a peaceful, dead-end street, this single-family home is a hidden gem. With 3 bedrooms and the potential for a 4th bedroom in the loft/attic, along with 1 1/2 baths, this residence offers both space and potential for your family's unique needs. The heart of this home is the brand-new open-concept kitchen, featuring sleek white shaker cabinets, stunning quartz countertops, and stainless-steel appliances. Whether you're a culinary enthusiast or enjoy entertaining, this kitchen is a dream come true. The new vinyl flooring provides a modern touch, complementing the elegant design throughout the house. Both bathrooms have been fully updated, showcasing contemporary fixtures and finishes. The attention to detail and commitment to quality is evident in every corner of this home
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| Jan 24, 2024 | Sold | ||
| Sold | |||
| Oct 30, 2023 | Listed by RE/MAX Central | $395,000 | |
| Listed by RE/MAX Central | |||
| Sep 16, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017