87 Sullivan Dr
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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 |
|---|---|---|---|
| Apr 21, 2025 | Listed | $750,000 | |
| Listed | |||
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Welcome to this stunning 3BR/3.5BA Birchwood model townhouse in the prestigious Woodlands of West Orange, offering the perfect blend of luxury & maintenance-free living! The first floor features an updated chef's eat-in kitchen with a double sink, double oven, double dishwasher, along with newer stainless steel appliances. A versatile third bedroom (currently used as an office/guest room), powder room, laundry closet & an expansive living/dining area with a gas fireplace complete the main level. Skylights fill the space with natural light & sliding doors open to a private deckideal for entertaining or relaxing. Upstairs, the bright lofted layout includes additional windows & overlooks the living room below. The primary suite boasts a walk-in closet and ensuite bath, with a second bedroom, full bath, & ample storage nearby. The finished basement offers an entertaining space, two bonus rooms, a pantry, full bath, & mechanical room. Carefree NYC Suburban living at its finest!!
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| Aug 23, 2023 | Sold | ||
| Sold | |||
| Jun 20, 2023 | In contract | - | |
| In contract | |||
| Oct 20, 2021 | No longer available | - | |
| No longer available | |||
| Oct 15, 2021 | Price Decreased |
$4,200
↓ $545K
(99.2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017