207 Lower Main Street
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%.
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 |
|---|---|---|---|
| Mar 30, 2026 | Sold | ||
| Sold | |||
| Feb 11, 2026 | In contract | - | |
| In contract | |||
| Feb 4, 2026 | Listed by Keller Williams Realty Central Monmouth | $589,000 | |
| Listed by Keller Williams Realty Central Monmouth | |||
| Mar 1, 2023 | Sold | ||
| Sold | |||
| Dec 28, 2022 | Listed by RE/MAX Innovation | $479,000 | |
| Listed by RE/MAX Innovation | |||
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Located minutes away from Aberdeen Matawan train station this charming Colonial w/ modern appeal offers 3 Beds, 2.5 Baths & has open floor plan w/ spacious rooms & 9ft ceilings. Freshly painted. First level w/hardwood flooring & decorative moldings. Updated kitchen 42 '' cherry cabinets w/ crown molding, granite counter tops, ss appliances, microwave, dishwasher & gas range (2 yrs) refrigerator (3 yrs), recessed lights & breakfast bar. Kitchen flows freely into family room w/ 13 foot vaulted ceilings allowing for easy entertaining or cozy nights by the wb fireplace w/custom mantle. Entry to spacious fenced backyard. All Baths were recently updated with new sinks and toilets. Powder room with cherry vanity with quartz top. Good size laundry room with extra cabinets, new Washer Dryer and side door to fenced yard. Second level offers 3 bedrooms with recessed lights and brand new carpets to include steps. Master Bedroom offers large WIC, recessed lights, ceiling fan and full Bath with cherry vanity, quartz top, tub/shower with linen closet. Attic with pull down stairs for plenty of storage. Fenced back yard has beautiful gazebo with paver patio and additional patio. Finished garage with opener. Additional features Separate switch panel for portable generator, 220V outlet for electric car and gutter guards installed. Minutes away from GSP, shopping, restaurants, NYC transportation, all major roadways. A commuter's delight!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017