$505,000
●
House -
Off Market
208 Rutledge Drive
Middletown, NJ 07701
3 Beds
2 Baths
$800,236
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model
About This Property
In a prized neighborhood with sprawling grounds and picturesque,
tree-lined streets sits this gracious, well-appointed ranch
situated in the desirable Applebrook section of Middletown! Updated
and charming beyond belief, this home is spacious, great for
entertaining both inside and outside; inside boasts wood floors
throughout, 3 bedrooms, 2 baths, living room with fireplace, dining
room, and an expansive, sun room with a vaulted ceiling which leads
to the an amazing gardener's delight backyard, paved patio, all
fenced in to a natural setting with gorgeous blooms, private and
serene! if that is not enough an additional 900 sq feet of finished
basement with work out room completes this ranch style home! Close
to Red Bank, Beach, shopping and restaurants.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$727
HOA Dues
-
Year Built
1953
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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 #21817914)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 14, 2018 | Sold | ||
| Sold | |||
| Aug 22, 2018 | No longer available | - | |
| No longer available | |||
| Jun 13, 2018 | Listed | $529,000 | |
| Listed | |||
| | |||
|
In a prized neighborhood with sprawling grounds and picturesque, tree-lined streets sits this gracious, well-appointed ranch situated in the desirable Applebrook section of Middletown! Updated and charming beyond belief, this home is spacious, great for entertaining both inside and outside; inside boasts wood floors throughout, 3 bedrooms, 2 baths, living room with fireplace, dining room, and an expansive, sun room with a vaulted ceiling which leads to the an amazing gardener's delight backyard, paved patio, all fenced in to a natural setting with gorgeous blooms, private and serene! if that is not enough an additional 900 sq feet of finished basement with work out room completes this ranch style home! Close to Red Bank, Beach, shopping and restaurants.
| |||
| May 24, 2018 | Listed by Resources Real Estate | $529,000 | |
| Listed by Resources Real Estate | |||
| Dec 21, 2012 | Sold | ||
| Sold | |||
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Property Highlights
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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: Irene Zitzner, Resources Real Estate
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21817914
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# 21817914
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