11 Chapman Terrace
About This Property
Don't miss out on this Great Opportunity to own this home located in the desirable New Monmouth section of Middletown. Nestled on a generous corner fenced lot provides plenty of room to expand or create a country club backyard for entertaining family and friends. Updated Kitchen, Hardwood floors throughout, freshly painted and newer PVC fence. Situated within a quiet family neighborhood and easily accessible to NYC train, bus and ferry.
Truly a place your family can call home for years!
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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 |
|---|---|---|---|
| Jan 15, 2020 | Sold | ||
| Sold | |||
| Nov 21, 2019 | Listed by RE/MAX The Real Estate Leaders | $469,000 | |
| Listed by RE/MAX The Real Estate Leaders | |||
| | |||
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Understated Elegance!! Prepare to be amazed at the detail & attention that was lovingly given to this custom split-level home Renovated to perfection with no expense spared. Gourmet kitchen will render you breathless - featuring beautiful cabinetry, Quartzite countertops & stainless steel appliances to complete. Too many amenities/new features to mention, a few to entice & you will need to make an appointment... Refinished and new HW floors thru out, custom crown moldings, shadow boxes, new windows, roof, furnace/central air, custom interior doors, driveway, kitchen & baths. The list goes on. Near all public transportation and a few short minutes to the NY Fast Ferry. Truly a showcase home that is not to be missed!!
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| Jan 8, 2019 | Sold | ||
| Sold | |||
| Oct 19, 2018 | Listed by Heritage House Sotheby's International Realty | $315,000 | |
| Listed by Heritage House Sotheby's International Realty | |||
Property Highlights
Building Info
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About Monmouth
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Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21841143
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