10 Apollo Road
About This Property
Welcome to this charming Colonial home in the highly desirable Pinebrook Estates community of Manalapan, NJ. This spacious residence offers a blend of classic features and potential for customization to make it your own. Upon arrival, you're greeted by a brick and wood facade, complemented by a summer porch, perfect for relaxing outdoors. Step inside to discover hardwood floors and custom built-ins, adding character and warmth throughout the home. The main level features a cozy wood burning fireplace with a brick facade, ideal for gathering around during colder months. The kitchen boasts double coat closets, and trex steps lead to the backyard. With 4 bedrooms, there's ample space for family and guests. The basement, though unfinished, offers great potential for additional living or storage space.
Additional features include a 2 car garage, central AC, and an underground oil tank. While the home needs some TLC, its location in Pinebrook Estates and its classic charm make it a fantastic opportunity for those looking to add their personal touch.
Don't miss out on the chance to transform this house into your dream home. Schedule a showing today! SOLD AS IS, ARV IS MUCH HIGHER ONCE RENOVATED!
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Cap Rate Calculator
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 4, 2024 | Sold | ||
| Sold | |||
| Apr 16, 2024 | Listed by RE/MAX Central | $649,900 | |
| Listed by RE/MAX Central | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017