6 Belair Drive
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.
You can learn more about cap rate here .
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 22, 2024 | Sold to Andrew Albrecht | $760,000 | |
| Sold to Andrew Albrecht | |||
| Jan 5, 2024 | Listed by Century 21 The Crossing | $649,900 | |
| Listed by Century 21 The Crossing | |||
| Dec 11, 2023 | In contract | - | |
| In contract | |||
| Oct 21, 1993 | Sold to Anthony Bucci, Joan Bucci | $220,000 | |
| Sold to Anthony Bucci, Joan Bucci | |||
Property Highlights
6 Belair Drive
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Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
01/05/2024
|
|
3 Bed
|
2 Bath
|
-
|
$649,900
3 Bed
2 Bath
|
$760,000
+16.94%
01/22/2024
|
Vito Contuzzi
Century 21 The Crossing
|
Building Info
About Essex
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Century 21 The Crossing
Last Updated: 10 months ago
Data Source: NJMLS , MLS# 23036234
All information deemed reliable but not guaranteed.© 2024 New Jersey Multiple Listing Service Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
