
7
Map


216 Hall Avenue
About This Property
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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 |
---|---|---|---|
Jan 15, 2025 | Sold | ||
Sold | |||
Dec 31, 2024 | In contract | - | |
In contract | |||
Dec 9, 2024 | Listed by KELLER WILLIAMS EAST MONMOUTH | $890,000 | |
Listed by KELLER WILLIAMS EAST MONMOUTH | |||
Nov 17, 2011 | Sold to Ludmila M Palant | ||
Sold to Ludmila M Palant |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
12/09/2024
| |
Loft
|
-
|
-
|
$890,000
Loft
-
|
$800,000
-10.11%
01/15/2025
|
-
|
Lilly Shamam
Keller Williams Realty East Monmouth
|
03/27/2022
| |
Loft
|
1 Bath
|
900 ft²
|
$2,200
Loft
1 Bath
900 ft²
|
-
-
|
-
|
Lilly Shamam
Keller Williams Realty East Monmouth
|
Building Info
