Property Summary Property Specifics Multifamily Residential Offering Price $325,000 County Essex Block / Lot 105 / 47 Number of Units 4 Square Feet 2,880.0 Investment Highlights Bank Owned Property Tenant Pays Own Gas/Heat Great for Owner Occupied or Investor Location Highlights Strong rental base and significantly low vacancy rates Public Transportation Access Within Blocks and Close Proximity to GSP Minutes from Garden …
22-23 Sherman Ct. Bloomfield, NJ
In technical terms, Capitalization rate (or cap rate) is the rate of return used in real estate to determine the present value of a real estate investment based upon its future income generating benefits. Real estate agents, appraisers, investors, property tax assessors, and others that evaluate real estate investment properties analyze cap rates in one form or the other. Improper use or calculation, however, …