83 Courter 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 |
|---|---|---|---|
| Jun 16, 2022 | Sold | ||
| Sold | |||
| Apr 16, 2022 | No longer available | - | |
| No longer available | |||
| Apr 4, 2022 | Listed by KELLER WILLIAMS - NJ METRO GROUP | $899,000 | |
| Listed by KELLER WILLIAMS - NJ METRO GROUP | |||
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Sweet as pie, this adorable 3 bed colonial on friendly Courter Ave is mere steps from the jitney to the Maplewood NJ Transit train station to NY Penn Station. Past the freshly painted exterior & roomy screened in porch, the first floor leads to sunny living room w/ elegant fireplace mantel, nicely proportioned formal dining room, powder room, newer kitchen w/ updated stainless steel appliances, quartz counters, plenty of cabinetry storage & French doors to the ample deck & adorable yard w/ mature growth & gorgeous flowering plants. Upstairs features 3 peaceful bedroom & a spacious attractive full bath, while the 3rd floor hold so much potential as another bedroom (currently used as office). Finished basement boasts comfortable rec room, laundry room, cool wet bar, full bathroom ideal for holiday overflow. Replacement windows/doors, central air, whole house generator, newer hot water heater, original hardwood floors w/ ribbon trim & plenty of storage. Near desirable schools/shops/restaurants/library, this commuter's dream is cream puff you've been looking for! NOTE Seller Incentive: Seller will pay down 1 point for the winning Buyer's mortgage (ask about the incentive!)
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017