$415,000
●
House -
Off Market
198 River Road
Red Bank, NJ 07701
3 Beds
3 Baths,
1
Half Bath
3,004 Ft²
$801,669
RealtyHop Estimate
86.87%
Since Jan 1, 2015
National-US
Primary Model
About This Property
Charming 3 bedroom 2.5 bath colonial just east of down town Red
Bank. Home offers a large sun filled foyer, Formal Dining and
Living Rooms with beautiful custom moldings, beamed ceiling, and
French doors; a spacious eat in kitchen with custom built-ins,
bonus finished third floor walk-up with an additional two rooms.
Hardwood floors through-out. Detached over-sized garage, newer
roof. Clean basement with separate walk out. Walking distance to
all downtown Red Bank has to offer.
Unit Size
3,004 Ft²
Days on Market
-
Land Size
-
Price per sqft
$143
Property Type
House
Property Taxes
$720
HOA Dues
-
Year Built
1922
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (MOMLS #21439965)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 20, 2020 | Sold | ||
| Sold | |||
| Feb 11, 2020 | Listed by Heritage House Sotheby's International Realty | $749,000 | |
| Listed by Heritage House Sotheby's International Realty | |||
| | |||
|
The charm of yesteryear, trendy finishes, warm and homey...welcome to 198 River Road. You'll love hosting family holidays, Sunday dinners and the big birthdays. As the sun comes up the stain glass window casts a yellow/green glow. A positive start to the day as you head down to the kitchen for the morning coffee. French toast, crispy bacon, fresh squeezed orange juice, no matter the time of day you'll love preparing and enjoying meals in the modern kitchen. The charming plate shelf built in dish cupboard and extensive woodwork reminiscent of days gone by. The setting sun, uniquely different fills the home with a rainbow of colors. Close to town you'll be able to explore great shopping, restaurants, theaters and just minutes to the beach. Cozy, sophisticated, you'll feel right at home! Sophisticated, you'll feel at home right away!
| |||
| May 9, 2016 | Sold | ||
| Sold | |||
| Mar 8, 2016 | Listed by Signature Realty NJ | $734,900 | |
| Listed by Signature Realty NJ | |||
| | |||
|
LUXURY! Newly renovated 4 bedroom 3.5 bath historic Victorian, steps away from bustling downtown Red Bank and Marine Park!! Open floor plan w. beautiful flow for entertaining. Expansive sun filled wrap around porch, formal dining & living rooms w. beautiful custom moldings, beamed ceiling, & Mahogany French doors & Hardwood floors. Spacious dream gourmet kitchen features a 36 inch Bertazzoni stove, farm sink, SS refrigerator & dishwasher, wine cooler, premium quartz counter top on a 9 ft center island. Radiant heat flooring in the kitchen and bathrooms, a paver patio off kitchen, extra deep detached 2 car over-sized garage with brand new electric opener, newer roof, full walk out basement with workshop New high efficiency 2 zone HVAC system. Minutes from train and ferry to NYC
| |||
| Dec 1, 2014 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Parking Available
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Red Bank
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Listed by: David P Herchakowski, Berkshire Hathaway HomeServices Signature Properties
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21439965
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21439965
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