6
Map
735 Elm Avenue #3F
About This Property
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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.
You can learn more about cap rate here .
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 6, 2024 | Sold | ||
| Sold | |||
| Mar 6, 2024 | In contract | - | |
| In contract | |||
| Feb 21, 2024 | Price Decreased |
$99,900
↓ $15K
(13.1%) | |
| Price Decreased | |||
| Jan 18, 2024 | Listed by Russo Real Estate | $114,900 | |
| Listed by Russo Real Estate | |||
Property Highlights
735 Elm Avenue #3F, Teaneck, NJ, 07666
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Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
01/18/2024
|
1 Bed
|
1 Bath
|
-
|
$114,900
1 Bed
1 Bath
|
$99,000
-13.84%
05/06/2024
|
-
|
Annekee Brahver-Keely
Russo Real Estate
| |
|
12/15/2023
|
2 Bed
|
1 Bath
|
-
|
$189,000
2 Bed
1 Bath
|
$195,000
+3.17%
12/15/2023
|
-
|
Stergia Kalogirou
Coldwell Banker Realty - Allendale
| |
|
07/31/2023
|
1 Bed
|
1 Bath
|
-
|
$115,000
1 Bed
1 Bath
|
$107,500
-6.52%
11/14/2023
|
-
|
Eric Wein
Wein Agency Realtors
| |
|
06/27/2023
|
1 Bed
|
1 Bath
|
-
|
$119,500
1 Bed
1 Bath
|
$113,000
-5.44%
09/11/2023
|
-
|
GEOFFREY GILCHRIST
RE/MAX REAL ESTATE LIMITED
| |
|
05/02/2023
|
2 Bed
|
1 Bath
|
-
|
$199,000
2 Bed
1 Bath
|
$185,000
-7.04%
08/25/2023
|
-
|
Mary Davis
Mary Davis Real Estate
| |
|
06/24/2022
|
1 Bed
|
1 Bath
|
627 ft²
|
$124,500
1 Bed
1 Bath
627 ft²
|
-
-
|
-
|
Barbara Ostroth
Coldwell Banker, Alpine/Closter
|
Building Info
About Bergen
Similar Homes for Sale
Nearby Rentals
Russo Real Estate
Last Updated: 9 months ago
Data Source: NJMLS , MLS# 24001796
All information deemed reliable but not guaranteed.© 2024 New Jersey Multiple Listing Service Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
