740 Parker St.
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 20, 2013 | Sold | ||
| Sold | |||
| Jul 29, 2013 | Listed by Coldwell Banker Realty - Westfield | $144,900 | |
| Listed by Coldwell Banker Realty - Westfield | |||
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This newly remodeled Cape is located on the corner of Parker St. and Ravenwood. It has 4 bedrooms with gleaming hardwood floors. The kitchen has brand new cabinets, back splash and counters. A beautiful fireplace is the focus of the living room along with shining hardwood floors. The first floor bath has been remodeled. The basement has a second fireplace, and plenty of space to add a family room. The boiler is a Buderus heating system. A two car garage opens to an enclosed breezeway. Outside you'll find new landscaping and a fence along the back of the yard. There's not much to do but unpack your bags!
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| May 24, 2013 | Sold | ||
| Sold | |||
| Apr 10, 2013 | Listed by Coldwell Banker Residential Brokerage - Westfield | $80,000 | |
| Listed by Coldwell Banker Residential Brokerage - Westfield | |||
| Sep 10, 2007 | Sold | ||
| Sold | |||
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