234 Pelican 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 |
|---|---|---|---|
| May 25, 2018 | Sold | ||
| Sold | |||
| Mar 16, 2018 | Listed by RE/MAX The Real Estate Leaders | $649,900 | |
| Listed by RE/MAX The Real Estate Leaders | |||
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Effortlessly unpack into this Oak Hill catch, loaded with upgrades & primed for immediate delivery. Wrapped in fresh vinyl with a new portico to match, every detail has been addressed in this Middletown revival. Living room with fireplace, Anderson windows & built-ins opens to eat-in-kitchen with granite counters & Jenn-Air appliances. Polished hardwoods run throughout, including a sunken family room with nearby half bath. 2nd level features 4 beds & 2 baths, including a spacious master suite with full bath. Walk-out basement offers ample space for entertainment or leisure, also satisfying the capacity for a mother-daughter feature. Eclipsed by mature trees, the rear grants exceptional privacy from deck & patio. Backed by top schools & just minutes to ferry, train, GSP, Red Bank & beaches!
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| Jun 22, 2012 | Sold | ||
| Sold | |||
| Jan 17, 2012 | Listed by Gloria Nilson & Co. Real Estate | $619,000 | |
| Listed by Gloria Nilson & Co. Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017