Monmouth
2 Apple Grove Drive
$1,080,000
●
House -
Off Market
2 Apple Grove Drive
Holmdel, NJ 07733
4 Beds
2 Baths,
1
Half Bath
2,685 Ft²
$6,310
Est. Monthly
4.40%
Cap Rate
About This Property
Welcome to this beautiful colonial-style home with 4 bedrooms, 2.5
bathrooms, sitting on 0.98 of an acre, level, fenced, corner
property. The interior boasts hardwood flooring throughout,
recessed lighting, and decorative moldings, creating a warm and
inviting atmosphere. The updated kitchen is equipped with GE Cafe
Series stainless steel appliances, granite countertops, and a
central island, catering to culinary enthusiasts. Additional
amenities include a semi-finished basement, a wood burning
fireplace, spacious wood deck in the backyard and a two-car garage.
The property is situated within the highly-rated Holmdel Township
school district and is conveniently located near transportation
options, shopping centers, local dining, parks and area
beaches.
Unit Size
2,685 Ft²
Days on Market
65 days
Land Size
0.98 acres
Price per sqft
$391
Property Type
House
Property Taxes
$1,154
HOA Dues
-
Year Built
1984
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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 #22515665)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 1, 2025 | Sold | ||
| Sold | |||
| Jun 15, 2025 | In contract | - | |
| In contract | |||
| May 28, 2025 | Listed by EXIT Realty East Coast Shirvanian | $1,050,000 | |
| Listed by EXIT Realty East Coast Shirvanian | |||
| Mar 4, 2022 | Sold | ||
| Sold | |||
| Nov 13, 2021 | Listed by Compass New Jersey , LLC | $825,000 | |
| Listed by Compass New Jersey , LLC | |||
| | |||
|
Full of understated luxury, this lovely central hall colonial sits majestically on the level, fenced lot. House has been updated: lovely kitchen with all SS appliances (GE Cafe series), granite countertops and central island for your inner chef; 4 bedrooms and 2.5 baths and semi-finished basement. Hardwood flooring throughout, beautiful moldings, wainscoting and other luxurious touches. Blue ribbon schools! Close to everything that matters: 5 mins away from GSP, trains, buses and 20 mins away from ferry; close to all shopping and local dinning, farm markets and beautiful parks.
| |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Monmouth
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Listed by: Adrienne Marcigliano, EXIT Realty East Coast Shirvanian
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22515665
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# 22515665
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Phone: 425-283-2930
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