16 Benton Avenue
About This Property
The full high walk-out ground level is finished with concrete board and offers plenty of storage. The generous size garage comes with a workshop. Step outside to the private rear yard with a raised storage shed and vegetable gardens. The paver driveway, vinyl siding and professional landscape complete the finishing touches to a terrific house that is certain to bring you years of pleasure!
Many updates throughout including...New Roof in 2022, two zone heat and air replaced in 2020-2021, five zone radiant heat on first floor and lower level. The is hot water baseboard on second level too! Just minutes to downtown Atlantic Highlands, NYC Ferry & Shopping & Beaches!
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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 |
|---|---|---|---|
| Jun 30, 2023 | Sold | ||
| Sold | |||
| Apr 6, 2023 | Listed by Compass New Jersey LLC | $875,000 | |
| Listed by Compass New Jersey LLC | |||
| Dec 20, 2022 | No longer available | - | |
| No longer available | |||
| Oct 6, 2022 | Price Decreased |
$875,000
↓ $45K
(4.9%) | |
| Price Decreased | |||
| Sep 1, 2022 | Listed by Compass New Jersey , LLC | $920,000 | |
| Listed by Compass New Jersey , LLC | |||
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Set AMIDST the Boats, the Beach and the Bay awaits this Shore Colonial that promises you gorgeous SUNSETS and a relaxed lifestyle! This beautifully expanded and raised home will be enjoyed from the spacious wrap-around TREX decking with beautiful views of the local Marina and Beaches just 200 yards away! The first-floor offers a spacious living room with a bay window that overlooks the BAY! The eat-kitchen with a center island, granite counters, SS Appliances including a Commercial WOLF cooktop and double oven make this an ideal set-up for the everyday cook. The large study with custom built-ins and window seat creates a great quiet place. The bedroom has a walk-in closet and a full bath just outside. The large utility room, laundry and additional closets complete the first floor.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017