$865,000
●
House -
Off Market
124 Masters Drive
Monroe, NJ 08831
2 Beds
2 Baths
2,102 Ft²
$5,551
Est. Monthly
$480
HOA / Fees
About This Property
Regency @ Monroe's popular Bayhill model features elegant, custom
trim work throughout, with its soaring coffered ceiling in the
entry foyer, leaded glass front door, wood floors, full walk-up
attic staircase, top-of-the-line center-island kitchen w/stainless
steel range hood & appliances including wall-oven, large breakfast
area w/slider to yard, great rm w/gas fireplace & french door to a
covered patio, dining rm, library/den/opt'l 3rd bdrm, master bdrm
w/walk-in closet. master bath w/tub & stall shower. Spacious attic
storage above garage. Regency is central jersey's premier active
adult community w/9-hole executive golf course, newly renovated
clubhouse, indoor & outdoor pools, grill, spa/salon & so much more!
Unit Size
2,102 Ft²
Days on Market
116 days
Land Size
-
Price per sqft
$395
Property Type
House
Property Taxes
$996
HOA Dues
$480
Year Built
2012
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 months ago (MOMLS #22609497)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 3, 2026 | Sold | ||
| Sold | |||
| Apr 16, 2026 | In contract | - | |
| In contract | |||
| Apr 8, 2026 | Listed by Berkshire Hathaway HomeServices Fox & Roach - Manalapan | $829,800 | |
| Listed by Berkshire Hathaway HomeServices Fox & Roach - Manalapan | |||
| May 13, 2021 | Sold | ||
| Sold | |||
| Feb 24, 2021 | Listed by RE/MAX HOMELAND WEST | $625,900 | |
| Listed by RE/MAX HOMELAND WEST | |||
| | |||
|
Enter in one of Monroe Townships most exclusive neighborhoods. Luxuriously -Appointed gated community, Regency at Monroe. This breathtaking home is sure to impress! Upon entering, Be Wowed by Grand Door Ways, decorative custom crafted crown moldings, gleaming hardwood floors throughout out entire home. Continue to be surrounded by sun drenched open layout living space. Kitchen, familyroom , dinning room. Gourmet kitchen w/ bar/counter seating. Kitchen with custom cabinetry w/ granite counter tops.Too many upgrades to list. Come see for yourself!
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Property Highlights
Garage
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Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Middlesex
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Listed by: Brian Teitel, Berkshire Hathaway HomeServices Fox & Roach - Manalapan
Last Updated: 2 months ago
Data Source: MOMMLS, MLS# 22609497
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 2 months ago
Data Source: MOMMLS, MLS# 22609497
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