142 LINDEN AVENUE Oaklyn, NJ 08107
Two-unit property in good condition, turnkey investment opportunity.
- Added:
- Nov 8, 2023
- Days on Market:
- 975
- Last Refresh:
- May 20 at 1:17 am
Property Features for 142 LINDEN AVENUE
General Information
- Standard status
- Active
- Size
- 1,622 SF
- Lot size
- 0.11 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1924
Listing office Keller Williams Realty Monmouth/Ocean (732) 942-5280
Listing date Nov 8, 2023
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Monmouth/Ocean
Investment Insights
Based on property information with market context.
Key Highlights
- Turnkey investment opportunity for immediate returns.
- Great tenants paying on time.
- Good rents with potential to be raised.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.8k | $17.16 |
| − Vacancy | −$1.5k | −$0.91 |
| EGI | $26.4k | $16.25 |
| − OpEx | −$7.9k | −$4.87 |
| NOI | $18.4k | $11.37 |
