2 Rumson Road #7
About This Property
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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%.
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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 |
|---|---|---|---|
| Feb 4, 2025 | Listed | $409,999 | |
| Listed | |||
| | |||
|
**Coastal Living with Stunning River Views**
Experience the best of river and oceanfront living in this charming 1-bedroom, 1-bath first-floor end-unit condo in Sea Bright. Nestled along the Shrewsbury River, this home offers breathtaking water views and is just steps from the ocean. Inside, you'll find a beautifully updated kitchen with sleek granite countertops and modern ceramic plank flooring that flows throughout. The renovated bathroom features a stylish full shower stall with ceramic tile. The spacious living room provides a serene riverside backdrop, perfect for relaxation. Step out onto your private patio to enjoy the tranquil surroundings. Don't miss this rare opportunity to embrace coastal living in a prime location!
| |||
| Oct 25, 2024 | Price Decreased |
$475,000
↓ $14K
(2.9%) | |
| Price Decreased | |||
| Aug 7, 2024 | Price Decreased |
$489,000
↓ $10K
(2%) | |
| Price Decreased | |||
| Jul 17, 2024 | Listed | $499,000 | |
| Listed | |||
| | |||
|
Discover coastal living at its finest with this charming 1-bedroom, 1-bath first floor end unit condo in Sea Bright. Situated on the River front, this condo boasts stunning river views and is conveniently located just across the street from the ocean. Step inside to find an updated kitchen featuring sleek granite countertops and modern ceramic planking flooring that extends throughout the unit. The bathroom has been tastefully renovated, offering a full shower stall with ceramic tiles. The spacious living room overlooks the picturesque Shrewsbury River, creating a serene backdrop for your daily life. Enjoy the outdoors from your private patio and relax. This riverfront gem combines comfort and style, offering a unique opportunity to experience the best of both river and oceanfront living.
| |||
| Dec 30, 2019 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/11/2022
|
1 Bed
|
1 Bath
|
-
|
$425,000
1 Bed
1 Bath
|
-
-
|
Karen Z Busichio
Berkshire Hathaway HomeServices Fox & Roach
| |
|
05/10/2021
|
1 Bed
|
1 Bath
|
-
|
$359,900
1 Bed
1 Bath
|
-
-
|
-
| |
|
11/15/2019
|
1 Bed
|
1 Bath
|
-
|
$195,000
1 Bed
1 Bath
|
$190,000
-2.56%
02/21/2020
|
Karin Busichio
BHHS Fox & Roach Rumson
| |
|
10/29/2019
|
1 Bed
|
1 Bath
|
-
|
$249,900
1 Bed
1 Bath
|
$238,000
-4.76%
12/30/2019
|
Karen Busichio
Gloria Nilson & Co. Real Estate
| |
|
06/29/2018
|
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
-
| |
|
04/08/2018
|
1 Bed
|
1 Bath
|
-
|
$219,900
1 Bed
1 Bath
|
$210,000
-4.50%
05/18/2018
|
Andrew Schecher
Schecher Realty
| |
|
04/04/2018
|
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
-
| |
|
07/29/2017
| |
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
-
|
|
02/02/2015
|
1 Bed
|
1 Bath
|
600 ft²
|
$199,000
1 Bed
1 Bath
600 ft²
|
$199,000
08/27/2015
|
Cynthia Hertlik
Diane Turton, Realtors-Rumson
| |
|
06/27/2014
|
1 Bed
|
1 Bath
|
600 ft²
|
$225,000
1 Bed
1 Bath
600 ft²
|
$215,000
-4.44%
08/28/2014
|
Sutah Ann Robins
Beachfront Properties
| |
|
02/14/2014
|
2 Bed
|
1 Bath
|
-
|
$239,900
2 Bed
1 Bath
|
$200,000
-16.63%
09/09/2014
|
IRENE ZITZNER
NEXTHOME PENINSULA REALTY GRP
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017