101 Jeroleman Avenue
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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 |
|---|---|---|---|
| Feb 19, 2021 | Sold | ||
| Sold | |||
| Jan 14, 2021 | Listed by RE/MAX The Real Estate Leaders | $569,900 | |
| Listed by RE/MAX The Real Estate Leaders | |||
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JUST UNPACK AND RELAX! Welcome to 101 Jeroleman Avenue located in the North end section of Long Branch. This ranch style home has been renovated to perfection. Open concept living room with vaulted ceiling and wood burning fireplace opens right up to the kitchen of your dreams. Custom white cabinetry, open shelving, farmhouse sink, in-island microwave, quartz countertops, butcher block island, all stainless steel appliances. On one side of the home you'll find the master bedroom with vaulted ceiling and two large closets. Full bathroom and laundry space right off of the master. On the other side of the home are two spacious guest bedrooms and shared full bathroom. All of this sits atop a large private backyard with in-ground, salt water, pool. You can walk to the beach in 9 minutes! Drive to Asbury Park and the Garden State Parkway in 15 minutes.
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| May 29, 2020 | Sold | ||
| Sold | |||
| Apr 21, 2020 | Listed by EXIT Realty East Coast Shirvanian | $409,900 | |
| Listed by EXIT Realty East Coast Shirvanian | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017