685 Audrey Drive
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.
You can learn more about cap rate here .
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 10, 2025 | Listed by J.J. ELEK REALTY CO. | $629,000 | |
| Listed by J.J. ELEK REALTY CO. | |||
| Aug 2, 1994 | Sold to Irene Mitchell, Robert Mitc... | ||
| Sold to Irene Mitchell, Robert Mitc... | |||
Property Highlights
685 Audrey Drive
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Comparables
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Price/ft²
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Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
About Rahway
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J.J. ELEK REALTY CO.
Last Updated: 13 days ago
Data Source: CJMLS , MLS# 2507876R
