1553 Main Street
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 |
|---|---|---|---|
| Dec 11, 2025 | Sold | ||
| Sold | |||
| Dec 4, 2025 | Listed | $710,000 | |
| Listed | |||
| | |||
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Discover Country Living at Its Finest! Nestled on 3.29 serene acres, this stunning 2017-built 4BR, 2.5BA home offers modern comfort and timeless charm. Step onto the inviting wrap-around porch and enter a bright first floor featuring a cozy music room/office, an elegant dining room, and a warm family room with a wood-burning insert fireplace—perfect for chilly winter nights. The spacious, modern kitchen boasts stainless steel appliances and a large island, ideal for gatherings. The main-floor primary suite is a retreat with an ensuite bathroom, soaking tub, separate shower, and walk-in closet. Upstairs, find three generously sized bedrooms flooded with natural light, plus a versatile loft that could serve as a playroom or optional 5th bedroom. The full basement, with high ceilings and matching footprint, offers endless potential for additional living space. Enjoy nearby wooded trails for outdoor adventures and an upgraded pole barn/garage for extra storage or hobbies. NOTE: The back half of this property is a Pinelands Deed Restricted buffer zone (no building allowed and limited use. Buyer to verify for any intended use. Don't miss this perfect blend of luxury and tranquility! Picturesque horse farm across the street! 15 minutes from major shopping centers.
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| Oct 17, 2025 | In contract | - | |
| In contract | |||
| Sep 16, 2025 | Listed by HomeSmart First Advantage | $710,000 | |
| Listed by HomeSmart First Advantage | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017