6-12 Hillside Avenue #2E
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 |
|---|---|---|---|
| Feb 5, 2024 | Sold | ||
| Sold | |||
| Feb 5, 2024 | Listed by Century 21 Award Agency | $319,000 | |
| Listed by Century 21 Award Agency | |||
| Dec 22, 2023 | In contract | - | |
| In contract | |||
Property Highlights
6-12 Hillside Avenue #2E, Nutley, NJ, 07110
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Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
04/12/2024
|
1 Bed
|
1 Bath
|
-
|
$280,000
1 Bed
1 Bath
|
$323,000
+15.36%
04/12/2024
|
-
|
MARY RYDER
KELLER WILLIAMS - NJ METRO GROUP
| |
|
03/08/2024
|
2 Bed
|
1 Bath
|
-
|
$319,000
2 Bed
1 Bath
|
$315,000
-1.25%
03/08/2024
|
-
|
Matthew DeFede
Realty Executives Elite Homes
| |
|
02/05/2024
|
2 Bed
|
1 Bath
|
-
|
$319,000
2 Bed
1 Bath
|
$340,000
+6.58%
02/05/2024
|
-
|
Louis Fusaro
Century 21 Award Agency
| |
|
12/10/2021
|
1 Bed
|
1 Bath
|
-
|
$209,900
1 Bed
1 Bath
|
-
-
|
-
|
MICHAEL RYDER
KELLER WILLIAMS - NJ METRO GROUP
| |
|
11/19/2018
|
2 Bed
|
1 Bath
|
-
|
$1,850
2 Bed
1 Bath
|
-
-
|
-
|
ALICIA MORITZ
EXP REALTY LLC
| |
|
11/30/-0001
|
2 Bed
|
1 Bath
|
-
|
$265,000
2 Bed
1 Bath
|
$285,000
+7.55%
03/15/2023
|
-
|
Michelle Korosy
ERA/Justin Realty Co.
| |
|
11/30/-0001
|
Studio
|
1 Bath
|
-
|
$160,000
Studio
1 Bath
|
$151,000
-5.63%
01/27/2022
|
-
|
JAIME PEREZ
NJ REALTY PROS
| |
|
11/30/-0001
|
1 Bed
|
1 Bath
|
-
|
$210,000
1 Bed
1 Bath
|
$220,000
+4.76%
12/30/2021
|
-
|
MICHAEL RYDER
KELLER WILLIAMS - NJ METRO GROUP
|
Building Info
About Essex
Similar Homes for Sale
Nearby Rentals
Century 21 Award Agency
Last Updated: 12 months ago
Data Source: NJMLS , MLS# 23037062
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.
