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24 Circle Drive
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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 |
|---|---|---|---|
| Oct 23, 2026 | Price Decreased |
$4,300,000
↓ $200K
(4.4%) | |
| Price Decreased | |||
| Oct 5, 2026 | Listed by Compass New Jersey LLC | $4,500,000 | |
| Listed by Compass New Jersey LLC | |||
| Mar 9, 2017 | Sold | ||
| Sold | |||
| Jan 5, 2017 | Listed by Heritage House Sotheby's International Realty | $1,675,000 | |
| Listed by Heritage House Sotheby's International Realty | |||
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Opportunity Knocks…Grand Rumson home at an Amazing Price! This welcoming home is set in a storybook neighborhood complete w/ the sound of children laughing, warm greetings from neighbors & epic “block parties.” Endless possibilities w/ a flowing floor plan & a perfect balance of versatile spaces for entertaining & comfortable living. Expansive Kitchen opens to Great Room w/ dramatic vaulted ceiling & fireplace. The 1st floor offers additional family room w/ fireplace & separate wing w/ BDRM, full bath, office-the ideal in-law/au pair/guest suite. The 2nd level feat. 4 spacious bedrooms including elegant master suite w/ luxurious bath. Finished LL w/ full bath & sauna. Private yard w/ mature trees, pool, spa & patio. A rare opportunity in Rumson.*All SF/RM Sizes approx- Lot sz per tax rec
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017