12 Ravine Drive
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 |
|---|---|---|---|
| Mar 21, 2023 | Sold | ||
| Sold | |||
| Jan 1, 2023 | Listed by Jason Mitchell Real Estate New Jersey | $510,000 | |
| Listed by Jason Mitchell Real Estate New Jersey | |||
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Start the new year off with your very own, brand new home! Be prepared to be awed in this fully renovated, modern 3 bedroom, 2.5 bath home in the heart of desirable Matawan. Builder is delivering a thoughtfully executed home with the highest quality and design standards. BETTER than new with too many upgrades to mention, this stunning home situated within close proximity to NYC transportation is a commuter's dream. The home features an open floor plan filled with stylish finishes that will certainly impress your guests. Embrace the peaceful views of Lake Lefferts, while enjoying your morning coffee on your new stone patio terrace.
As you enter, the main entrance will lead you into an enclosed, heated porch granting you access to over 2000 sq ft of custom living. The kitchen is a chef's delight featuring stainless steel appliances, upgraded cabinets, quartz counter tops, mosaic glass backsplash and porcelain tile flooring with an expanded Al Fresco dining area. Entertain your guests by the warmth of the stacked stone fireplace in the living room or absorb the natural light in the sun room, thus creating the ultimate space for entertaining and/or family living. A den that can also be utilized as a guest bedroom and powder room, complete the first level of this home.
Upstairs, you will find the primary bedroom with his and her closets and a private full bathroom. Two additional bedrooms and another full bathroom concludes the second level accommodations.
Plenty of storage space in the attic and basement with hook-up ready for your laundry needs.
A few of the main updates for this home include; new windows, recessed lighting, flooring, fixtures, patio, heating and air. Updated electrical and plumbing and so much more.
Hurry, come take a look before it's too late!
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| Oct 4, 2022 | Sold | ||
| Sold | |||
| Jan 26, 2022 | Listed by Keller Williams Realty West Monmouth | $339,900 | |
| Listed by Keller Williams Realty West Monmouth | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017