6231 Broadway Ter
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Nov 3, 2020 | In contract | - | |
| In contract | |||
| Oct 15, 2020 | Listed | $998,000 | |
| Listed | |||
| | |||
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''Broadway Beauty'' // This corner lot Broadway Beauty is whispering your name. An updated, yet classic black and white kitchen with original (and very much functional) Wedgewood stove + home office nook leads out to a bright outdoor space, perfect for a dinner date or making s'mores over a fire pit with the kiddos. We don't usually call a bathroom charming, but you'll see - beautifully kept black and white tile with an updated vanity and shower over tub. Both bedrooms are generously sized for a traditional 1940s home. If you're looking for a charming neighborhood close to Rockridge, Montclair, the highest rated schools and all major transportation, well, ``here's looking at you, buyer.'' (Bonus points for catching the reference) The manager has listed the unit size as 1261 square feet.
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| Jun 19, 2018 | Sold | ||
| Sold | |||
| May 10, 2018 | Listed by THE GRUBB COMPANY | $749,000 | |
| Listed by THE GRUBB COMPANY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017