174 Red Hill Road
About This Property
for all. This home was constructed in over 3 time periods, beginning in 1834.
Enter this Colonial, complete with period correct wood floors throughout, and find yourself in the entry foyer, leading to
the formal living room complete with a wood burning fireplace. The dining room(with its original dutch front door) and den, make for the perfect place to entertain and enjoy
the wood burning stove. A newer eat in kitchen, first floor laundry and an office complete the main level.
Upstairs boasts the primary ensuite and two more generous size bedrooms. This home features a finished basement,
to add extra living spa The outside oasis, truly give the feel of being on a backyard
vacation, surrounded by mature trees giving you all of the
privacy you need. Complete with a built in pool, amazing patio and
pergola, and your home will be the place to be for every party!
Located in the sought after Middletown district, close to many
restaurants, theater, entertainment and all Monmouth County has to offer.
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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 6, 2022 | Sold | ||
| Sold | |||
| Sep 11, 2022 | Listed by Keller Williams Realty Central Monmouth | $899,000 | |
| Listed by Keller Williams Realty Central Monmouth | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017