605 10TH AVE
About This Property
Check out this awesome rancher!! The property is located in a established neighborhood. The is a park and playground right next to the property, just one house away. Enter into the large living room which has beautiful flooring and large windows to bring in plenty of natural light. There is a formal dining room right off of the kitchen. There is a great size kitchen, which has plenty of cabinet and counter space. There is also a four piece stainless steel appliance package in the kitchen. The laundry room is located right off of the kitchen. There are three nice sized bedrooms, all with large closets. The full bath has fresh paint and a brand new vanity. The property has a new roof. The backyard is fully fenced in and has plenty of space for entertaining. Come check out this beautiful property today and bring your best offer.
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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 |
|---|---|---|---|
| Mar 30, 2023 | Sold | ||
| Sold | |||
| Mar 7, 2023 | In contract | - | |
| In contract | |||
| Feb 23, 2023 | Listed by Keller Williams Realty - Cherry Hill | $224,900 | |
| Listed by Keller Williams Realty - Cherry Hill | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017