908 N Island Road
About This Property
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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 10, 2021 | Sold | ||
| Sold | |||
| Oct 3, 2020 | Listed by ERA Central Realty Group - Bordentown | $239,900 | |
| Listed by ERA Central Realty Group - Bordentown | |||
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Reduced, looking for Offers! Looking for a little piece of heaven? Look no further! This 2.28 corner piece of property, just minutes to Rt. 206 or Rt. 68 , is the result of the Township merging two lots to form this little piece of Heaven, complete with the original home built in the 50's! Last piece of the family farm! Even see the original cow fence! Contractors or Investors looking to buy a little piece of heaven using your dream to extend and build your dream home? Look no further! Excellent location, quick access to major roadways for work or play! Call today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017