2
Map
0 Red Valley 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 30, 2023 | Sold | ||
| Sold | |||
| Jun 27, 2023 | In contract | - | |
| In contract | |||
| Apr 26, 2023 | Listed by Keller Williams Real Estate - Princeton | $375,000 | |
| Listed by Keller Williams Real Estate - Princeton | |||
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Incredible opportunity to own an acreage parcel in bucolic Cream Ridge! This scenic property encompasses 6.07 prime acres for your possible future dream home...or farm! Property is cleared, unimproved, raw land with ample open pasture. Tremendous location...30 minutes to the Jersey Shore, 25 minutes to renowned Princeton, 45 minutes to Philadelphia & under an hour to greater NYC tunnel crossings. Enjoy the peace & tranquility of all Upper Freehold Township has to offer. Property is Farmland Assessed. Buyer to perform all due diligence with township for building approvals. Your new country lifestyle awaits!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017