85 Veranda 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 26, 2023 | Sold | ||
| Sold | |||
| Apr 16, 2023 | In contract | - | |
| In contract | |||
| Mar 30, 2023 | Listed by Berkshire Hathaway-Van Der Wende Properties Caldwell | $540,000 | |
| Listed by Berkshire Hathaway-Van Der Wende Properties Caldwell | |||
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A dreamy Colonial with a classic feel, welcome to 85 Veranda! A place in the sun, guests will be greeted by the cheery lemonade porch. Elevate weekend hangouts in the spacious living room. Find comfort in the Kitchen, a place to gather with tons of cabinet/counter space, granite countertops and stainless steel appliances. Dining room sits proud off the kitchen and provides a place of intimacy. The owner's suite, a tranquil space to unwind, offering tray ceilings and a walk in closet. Upstairs live two additional bedrooms and a full bath. Completely finished basement with a family room, recreation room, laundry room and storage closet. Brand new hot water heater. Turn up the ambiance in the backyard in the ultimate covered party zone, the veranda! Warm weather here we come! North Caldwell is home to excellent schools and easy access to NYC transportation.
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 31, 2020 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017