74 Armstrong Ave
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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 28, 2026 | Sold | ||
| Sold | |||
| Jun 6, 2026 | In contract | - | |
| In contract | |||
| Mar 3, 2022 | No longer available | - | |
| No longer available | |||
| Dec 10, 2021 | Listed by KELLER WILLIAMS - NJ METRO GROUP | $449,900 | |
| Listed by KELLER WILLIAMS - NJ METRO GROUP | |||
| | |||
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Lovely brick ranch nestled on almost half acre of level property located in desirable Black Oak section of Wayne. Features include Nice size family room, eat-in kitchen, 3 bedrooms, 1 full bath, living room, and a huge family room with sliding door leading to the big deck. There are hardwood floors throughout, full big walk-out basement, oversized detached 2 car garage, great sunroom and a huge back yard for entertaining. The manager has listed the unit size as 21519 square feet.
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| Oct 1, 2021 | No longer available | - | |
| No longer available | |||
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About Passaic
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017