626 Franklin Drive
About This Property
Located in Perth Amboy City, you'll enjoy the best of both worlds - a peaceful suburban setting while being in close proximity to urban conveniences. Explore the vibrant community, with its array of shopping, dining, and entertainment options. Commuting is a breeze with easy access to major highways and public transportation
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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 |
|---|---|---|---|
| Jul 3, 2023 | Sold | ||
| Sold | |||
| Jun 7, 2023 | In contract | - | |
| In contract | |||
| May 10, 2023 | Listed by KELLER WILLIAMS WEST MONMOUTH | $395,000 | |
| Listed by KELLER WILLIAMS WEST MONMOUTH | |||
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This stunning residence offers a perfect blend of modern comfort and timeless elegance, creating an inviting sanctuary for you and your loved ones.Step inside and be captivated by the spacious and meticulously designed interior. The open floor plan seamlessly connects the living spaces, allowing for effortless flow and easy entertaining.Relax and unwind in the cozy family room, basking in the natural light that streams through large windows. Located in Perth Amboy City, you'll enjoy the best of both worlds a peaceful suburban setting while being in close proximity to urban conveniences. Explore the vibrant community, with its array of shopping, dining, and entertainment options. Commuting is a breeze with easy access to major highways and public transportation
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About Perth Amboy
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,900 /mo
- 2 Beds
- 2 Baths
$3,200 /mo
- 4 Beds
- 1 Bath
- 3,043 ft²
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22312641
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