22 Nutmeg Road
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 |
|---|---|---|---|
| Jun 7, 2019 | Sold | ||
| Sold | |||
| Mar 22, 2019 | Listed by Keller Williams Realty West Monmouth | $435,000 | |
| Listed by Keller Williams Realty West Monmouth | |||
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Open floor plan of 2332 sq ft, home, built in 1997, eat-in kitchen opens to the family room with a sliding door to the back patio. Whole house was recently freshly painted. Well sunlit from back of the house in the morning to front of the house in the afternoon - nice and cozy - add energy to your daily life! This is great for commuters, the commuter bus is right outside the development and the Matawan train station is not far. The owner is leaving the green house for anyone loves to grow flowers and/or vegetables. The woods on the left side of the house provides privacy and present a colorful scenery in the Fall! Property size 80x120 goes beyond the fence in the back (refer to the survey). 1-year home warranty is offered to buyer.
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| Jul 30, 2013 | Sold | ||
| Sold | |||
| Jan 9, 2013 | Listed by RE/MAX Central | $364,000 | |
| Listed by RE/MAX Central | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017