21 Jasmine Road
About This Property
This home is situated on a generous 99' x 155' lot, offering ample room for outdoor activities and landscaping creativity. The Lakeridge Community ensures endless entertainment with its regular-sized pool, baby pool, tennis courts, basketball courts, and a playground. The town also features an Ice Arena, providing year-round enjoyment for residents. Convenience is key, with proximity to trains and major highways, including the Garden State Parkway (GSP), the New Jersey Turnpike (Tpk), and Routes 9, 35, 36, and 18, ensuring an easy commute to NYC & access to a variety of shopping and dining options both north and south.
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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 |
|---|---|---|---|
| Dec 15, 2023 | Sold | ||
| Sold | |||
| Nov 10, 2023 | In contract | - | |
| In contract | |||
| Oct 26, 2023 | Listed by KELLER WILLIAMS WEST MONMOUTH | $549,000 | |
| Listed by KELLER WILLIAMS WEST MONMOUTH | |||
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Welcome to the desirable Lakeridge development! Experience the comfort of this 3BR, 2 Bath Hampshire Model home! This welcoming residence features the inviting front porch, a family room adorned with a charming fireplace, and an updated bathroom with a spacious Ceramic tiled walk-in shower with a built-in shower seat, white cabinetry, granite counters and intricate mosaic accents. The new kitchen showcases Quartz counters, Honey cabinetry, and a Bosch stove. With a convenient breakfast bar and a dinette area, it's the perfect space for culinary delights and family gatherings. Beyond the kitchen, the family room opens to a stunning backyard, complete with a solid awning overhang. Ideal for outdoor relaxation, this space allows you to enjoy the fresh air in style. The 24' master bedroom offers a sense of space and serenity with its double closets and attached bathroom suite. This home is situated on a generous 99' x 155' lot, offering ample room for outdoor activities and landscaping creativity. The Lakeridge Community ensures endless entertainment with its regular-sized pool, baby pool, tennis courts, basketball courts, and a playground. The town also features an Ice Arena, providing year-round enjoyment for residents. Convenience is key, with proximity to trains and major highways, including the Garden State Parkway (GSP), the New Jersey Turnpike (Tpk), and Routes 9, 35, 36, and 18, ensuring an easy commute to NYC & access to a variety of shopping and dining options both north and south. Highest & Best by Thursday, November 2, 2023 by 5pm
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017