227 Cooper Road
About This Property
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Sep 16, 2026 | Listed by Premier Homes Pros | $2,299,000 | |
| Listed by Premier Homes Pros | |||
| May 4, 2023 | No longer available | - | |
| No longer available | |||
| Mar 2, 2023 | Listed by Diane Turton, Realtors | $399,000 | |
| Listed by Diane Turton, Realtors | |||
| | |||
|
This parcel includes 2 lots. Lot 1 is 52 x 347 with house. Lot 2 65 x 167 (irregular lot)Buyer to do their own due diligence for the variance to build the second house on the vacant lot if they want. House is being sold strictly ''As Is'' Seller will not make any repairs or give credit. Ideal location. Close to beaches, ferry, downtown Red Bank shopping & restaurants.
| |||
| Feb 3, 2023 | Sold | ||
| Sold | |||
| Nov 7, 2022 | Listed by Heritage House Sotheby's International Realty | $324,900 | |
| Listed by Heritage House Sotheby's International Realty | |||
| | |||
|
Opportunity Knocks! 52' x 552' lot in the heart of desirable Chapel Hill. Old house remains on the property; being sold strictly ''as is''. Value is in the land. Portion of property is wooded and can be cleared. Bring your vision and ideas. Surrounded by Monmouth County's beautiful horse country.
Close to Ferry, Downtown Red Bank, shopping, beaches, and more. Great location.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017