820 DREXEL AVE
About This Property
Step past the sunroom, onto the concrete patio and enjoy the huge yard and IN-GROUND POOL. With the recently resurfaced gunite pool featuring new coping and tile, you'll be able to look forward to a fun-filled, carefree summer of entertaining friends and family. Don't let this gem slip by. Come and feel at home.
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 21, 2022 | Sold | ||
| Sold | |||
| Oct 8, 2022 | Listed by Compass New Jersey, LLC | $349,900 | |
| Listed by Compass New Jersey, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017