83 Raymond 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 |
|---|---|---|---|
| Jan 15, 2026 | No longer available | - | |
| No longer available | |||
| Dec 6, 2025 | In contract | - | |
| In contract | |||
| Nov 7, 2024 | Sold | ||
| Sold | |||
| Aug 23, 2024 | In contract | - | |
| In contract | |||
| Aug 7, 2024 | Listed by Century 21 Award Agency | $399,900 | |
| Listed by Century 21 Award Agency | |||
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LOCATION LOCATION SPRING GARDEN SECTION! Come see the potential of this charming six room Colonial. Walk into enclosed front porch with access to first floor offering: living room and formal dining room with hardwood floors, eat-in kitchen, 1/2 bath and laundry facility. Second floor: three bedrooms and main bath, one bedroom has walk-up stairs for access to attic which can be finished as a bonus room. SPECIAL FEATURE- FLO BY MOEN WATER ALARM SYSTEM. Back yard offers large deck and fenced in yard for outdoor entertaining and one car garage can be used for car or storage. Short distance to downtown Nutley center with shops, restaurants and schools, walking distance to Rt. 3 and NYC trans.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017