2 Garrett Place
About This Property
The renovated kitchen is a chef's dream, boasting an island, stainless steel appliances, granite counters, and 42-inch soft-close cabinets. Both bathrooms are newly updated.
Nestled in New Monmouth, this home combines style with convenience. Schools, parks, shopping, and dining are moments away. Don't miss this chance for contemporary living at its finest! 🌟🏡
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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 |
|---|---|---|---|
| Nov 9, 2023 | Sold | ||
| Sold | |||
| Sep 22, 2023 | Listed by NJ Realty Pros | $550,000 | |
| Listed by NJ Realty Pros | |||
| Jul 27, 2023 | Sold | ||
| Sold | |||
| May 24, 2023 | Listed by EXP Realty | $350,000 | |
| Listed by EXP Realty | |||
| | |||
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Investors and visionaries! Come see this single family, split-level home on a quiet street in a desirable Middletown/New Monmouth neighborhood. Home needs plenty of TLC to bring it back to it's original glory.
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| Sep 1, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017