14 Rivers Edge 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 |
|---|---|---|---|
| Sep 6, 2023 | Sold | ||
| Sold | |||
| Apr 17, 2023 | Listed by O'Brien Realty, LLC | $2,599,000 | |
| Listed by O'Brien Realty, LLC | |||
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WATERFRONT PROPERTY IN RUMSON! THIS IS A RARE OPPORTUNITY TO BUILD YOUR DREAM HOME ON THE WATER IN ONE OF THE MOST SOUGHT AFTER TOWNS IN NEW JERSEY. This 1 acre parcel comes with illustrious architectural plans by renowned architect, Robert Adler. Newly constructed dock with riparian rights and electric. This amazing property is perched on a peaceful cul-de-sac. Enjoy gorgeous sunsets with the most breathtaking panoramic westerly views on the Shrewsbury river. THIS WILL NOT LAST! Architectural plans available upon request!
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| Aug 9, 2022 | No longer available | - | |
| No longer available | |||
| May 23, 2022 | Listed by Berkshire Hathaway HomeServices New Jersey Properties | $2,999,999 | |
| Listed by Berkshire Hathaway HomeServices New Jersey Properties | |||
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Rare opportunity to build your dream home on this 1 acre waterfront property on a peaceful cul-de-sac in one of Rumson's most desired neighborhoods. Property includes a newly built deep water dock with Riparian rights and electric. Beautifully detailed design and completed plans capturing panoramic views of the Shrewsbury River by renowned architect, Robert W.Adler. Pending approval from CAFRA/DEP expected in a matter of months.
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| Apr 1, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017