16 Aster Lane
About This Property
Enjoy affordable living in the peaceful, professionally managed Green Acres community of Howell! This charming 2-bedroom home has been tastefully updated, featuring a modern kitchen with granite countertops, sleek cabinetry, and beautiful wood laminate flooring throughout. A brand-new shed provides extra storage, while the open layout offers a comfortable and inviting feel. Located within a highly rated school district and just minutes to Route 9, shopping, dining, and public transportation, this home combines comfort, convenience, and value.
Schedule your showing today and see why this home is the perfect fit!
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Cap Rate Calculator
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 5, 2025 | Sold | ||
| Sold | |||
| Oct 7, 2025 | In contract | - | |
| In contract | |||
| Aug 18, 2025 | Listed by Keller Williams Realty West Monmouth | $84,999 | |
| Listed by Keller Williams Realty West Monmouth | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017