734 S BROADWAY
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%.
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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 |
|---|---|---|---|
| Sep 8, 2019 | No longer available | - | |
| No longer available | |||
| Apr 13, 2019 | Price Decreased |
$199,900
↓ $19K
(8.7%) | |
| Price Decreased | |||
| Mar 31, 2019 | No longer available | - | |
| No longer available | |||
| Mar 20, 2019 | Price Decreased |
$218,900
↓ $6K
(2.7%) | |
| Price Decreased | |||
| Mar 7, 2019 | Listed | $224,900 | |
| Listed | |||
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This is a beautiful remodeled colonial in Pitman. It is nestled on a well-manicured, spacious double-wide lot with fenced yard. Enjoy the large 26 foot traditional porch in this desirable area. Neutral walls and flooring (carpet/linoleum atop original hard wood.) This has a generous-sized living room area, large extended eat-in kitchen with oak cabinets and a new full bathroom added adjacent to the kitchen. Just outside the dining room window, admire your magnificent Spruce Tree (120+ years). Upstairs are three bedrooms, all with ceiling fans and closets and also a hall linen closet. Walk through the full bathroom to an unexpected door that leads to a unique, walk-up attic (possible additional living space with approvals.) Enjoy your morning coffee in the spacious 16x13 sun room just off the kitchen that overlooks the beautiful back yard, with view of magnificent trees and beautiful birds, with Glenn Lake area just beyond. And it doesn't stop there. It has a full walk-out basement with windows allowing natural sunlight, large laundry room area with slop sink, large attached walk through storage room with windows looking out to brick patio (possible in-law studio suite, with approvals). This house is great just the way it is, or has endless possibilities due to lot size and zoning (ie - residential/commercial) Add a home business, built-in pool, extended driveway, garage are all future possibilities here. Pitman has highly rated schools and you are one block from Elwood Kindle Elementary School which is a walking district, and just a few walking minutes from Uptown Pitman where there are fun-filled events for all ages, like the famous craft fair and the Broadway Theatre. Experience the small town kind of life in this classic colonial home. You can't go wrong. *Fun Fact: This home was originally owned in the 1940's by the parents of Preston Stratton Foster, Hollywood Walk of Fame movie star who was raised right here in this house. Optional to buy: girls 8-piece bedroom set, vintage Broyhill 5-piece bedroom set, elliptical machine, weight bench, fire pit, yard equipment, patio furniture, basement box freeze. Includes refrigerator, stove, dishwasher, slop sink, Rubbermaid shed, kitchen table, significant amount of rolled brand new carpet in storage room. Excludes kitchen stools, all mirrors, all wardrobes and custom wood furniture, washer/dryer. The manager has listed the unit size as 1392 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017