1507 Edgemere Road
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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 |
|---|---|---|---|
| Oct 18, 2024 | Sold | ||
| Sold | |||
| Aug 28, 2024 | In contract | - | |
| In contract | |||
| Aug 9, 2024 | Listed by Ward Wight Sotheby's International Realty | $575,000 | |
| Listed by Ward Wight Sotheby's International Realty | |||
| Nov 14, 2017 | Sold | ||
| Sold | |||
| Sep 5, 2017 | Listed by Gloria Nilson & Co. Real Estate | $309,000 | |
| Listed by Gloria Nilson & Co. Real Estate | |||
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WALL - NEW LISTING! Maintenance free home in Shark River Manor section of Wall. Home features 3 bedrooms, 1.5 baths, updated kitchen and bath, plus full basement, great deck in rear yard for privacy, and a detached garage. Home has been well maintained, newer roof in 2013, furnace and central air in 2011, full bath remodeled in 2016. There is a window air conditioning unit for the upstairs bedroom.
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Price/ft²
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About Monmouth
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017