$424,000
●
House -
Off Market
15 Spring Street
Red Bank, NJ 07701
3 Beds
3 Baths,
1
Half Bath
1,516 Ft²
$646,800
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model
About This Property
Do not miss your chance to own this charming colonial w/ rocking
chair front porch, trex decking and ample backyard just steps from
downtown Red Bank. Home features 3 bedrooms, 2.5 baths plus a bonus
room which is currently used as a walk-in-closet. The
completely remodeled kitchen is the heart of this home it's a
great place for family and friends to cook eat and enjoy great
times. The light filled living and dining areas featuring crown
moldings, and refinished hardwood flooring. There is newer central
air and heating system. The roof and gutters and leaders are just a
few years young. Large walk-out basement. The fenced rear
yard offers a patio for outdoor entertaining, fenced area for pets
and little ones. Paved front porch and very long driveway for off
street parking. This home is an exceptional value within a short
distance to hospital, downtown Red Bank, train, waterfront
recreation, night life, and fine dining.
Unit Size
1,516 Ft²
Days on Market
-
Land Size
-
Price per sqft
$290
Property Type
House
Property Taxes
$704
HOA Dues
-
Year Built
1912
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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 years ago (MOMLS #21915928)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 21, 2019 | Sold | ||
| Sold | |||
| Apr 17, 2019 | Listed by RE/MAX Central | $440,000 | |
| Listed by RE/MAX Central | |||
| Jun 24, 2016 | Sold | ||
| Sold | |||
| Apr 1, 2016 | Listed by Weichert Realtors-Middletown | $400,000 | |
| Listed by Weichert Realtors-Middletown | |||
| | |||
|
Move In Condition Classic Colonial in the Heart of beautiful Red Bank. Rocking chair Front Porch with Trex Decking overlooking a lovely newly planted Garden and Paved Front Patio. Large driveway for plenty of off street parking. Private Back yard for all your Summertime Fun. As you enter this lovely home you will be welcomed by warm paint colors, custom moldings and beautiful new Wood flooring throughout. This home features 4 Bedrooms with 2 1/2 baths. Master Bdrm. has a brand new Bathroom with radiant heat. Walk-up attic and Large walk-out basement. New Central Air and New Heating System. Newer roof (3 yrs. old) with brand new Gutters. Walking distance to Restaurants, Parks, Stores, Broad and Front St. Count Basie Theatre, N.Y. Train, Riverview Hospital. Close to Schools and Beaches.
| |||
| Dec 4, 2015 | Sold | ||
| Sold | |||
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Property Highlights
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
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ft²
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HOA + Taxes
About Red Bank
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Listed by: Debra Dolinsky, RE/MAX Central
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21915928
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 years ago
Data Source: MOMMLS, MLS# 21915928
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017