603 Tappan Street
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 |
|---|---|---|---|
| Aug 21, 2020 | Sold | ||
| Sold | |||
| Jul 10, 2020 | Listed by RE/MAX at Barnegat Bay - Forked River | $289,900 | |
| Listed by RE/MAX at Barnegat Bay - Forked River | |||
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* Highest and Best by Noon 7/14*This home is simply stylish and improved with the perfect amount of flare. This expanded rancher offers 3 comfortable bedrooms. 2 updated bathrooms, and an additional room that can be used as an office, den or 4th bedroom. 100x100 lot, manicured property, and over-sized garage are just a few of the perks. The updated kitchen offers a generously sized custom designed breakfast bar that encourages conversation. Not to mention the custom designed cabinetry that is not only practical for storage but gently enhances the space as a conversation piece. Stone counters and stainless steel appliances just add to the thoughtful design. Come take a look at this centrally located home near the lakes. it promises not to disappoint.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017