66 Hope St
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 20, 2023 | Sold | ||
| Sold | |||
| Nov 23, 2022 | No longer available | - | |
| No longer available | |||
| Nov 14, 2022 | Price Decreased |
$519,000
↓ $31K
(5.6%) | |
| Price Decreased | |||
| Oct 27, 2022 | Listed by Coldwell Banker, Alpine/Closter | $550,000 | |
| Listed by Coldwell Banker, Alpine/Closter | |||
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Just unpack into your turn-key split-level home in desirable Nutley. A well-manicured lawn with paver walkway greets as you enter this modern home. Extra large bay windows in living and dining area open the way for tons of light. An open modern kitchen with glass subway tile backsplash, granite countertops, and breakfast bar looks directly into the formal dining area and the backyard. Upstairs you'll find an updated full bath with mosaic backsplash along with three good sized bedrooms with ample closet space. The lower levels include an updated powder room and large finished basement with central air and heat bringing total livable area to approximately 1750 sqft. Enjoy a spacious fenced-in and flat backyard complete with a covered stone patio and plum and apple trees. Incredible location short walks to multiple parks and downtown Nutley's shopping and restaurants. Quick drive to downtown Montclair, and unbeatable commute to NYC with a 5 minute drive to free park and ride
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017