$1,270,000
●
House -
Off Market
2420 Ramshorn Drive
Manasquan, NJ 08736
5 Beds
3 Baths
3,586 Ft²
$7,769
Est. Monthly
3.88%
Cap Rate
About This Property
Stately Colonial on almost 1 acre lot.. Circular drive, side entry
garage, New luxury vinyl plank flooring & freshly painted. Two
story family room with gorgeous stone fireplace with back stairway
to 2nd floor.. Kitchen features breakfast counter, granite
counters, double oven & slider to Trex deck & patio. First floor
office or 5th bedroom, 3 full baths. Spacious open floor plan
living room & dining room. Home backs to wooded area for privacy
.Nine foot ceilings on the first floor. Full finished basement with
french doors to home gym.Gym equipment included. Sprinkler system
on well for watering. Hugh private fenced backyard with shed &
plenty of room for a pool. Home backs to wooded area for privacy &
is almost 3600 sq ft + 1000+ finished basement. electric hookup for
generator.
Unit Size
3,586 Ft²
Days on Market
-
Land Size
0.93 acres
Price per sqft
$376
Property Type
House
Property Taxes
$1,140
HOA Dues
-
Year Built
2001
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (MOMLS #22435763)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 24, 2025 | Sold | ||
| Sold | |||
| Dec 28, 2024 | In contract | - | |
| In contract | |||
| Dec 26, 2024 | Listed by Keller Williams Realty Spring Lake | $1,350,000 | |
| Listed by Keller Williams Realty Spring Lake | |||
| Nov 9, 2024 | Price Decreased |
$1,350,000
↓ $50K
(3.6%) | |
| Price Decreased | |||
| Oct 4, 2024 | Listed | $1,399,900 | |
| Listed | |||
| | |||
|
Stately Colonial on almost 1 acre lot.. Circular drive, side entry garage, New luxury vinyl plank flooring & freshly painted. Two story family room with gorgeous stone fireplace with back stairway to 2nd floor.. Kitchen features breakfast counter, granite counters, double oven & slider to Trex deck & patio. First floor office or 5th bedroom, 3 full baths. Spacious open floor plan living room & dining room. Home backs to wooded area for privacy .Nine foot ceilings on the first floor. Full finished basement with french doors to home gym.Gym equipment included. Sprinkler system on well for watering. Hugh private fenced backyard with shed & plenty of room for a pool. Home backs to wooded area for privacy & is almost 3600 sq ft + 1000+ finished basement. electric hookup for generator.
| |||
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Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Monmouth
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Listed by: Patricia Brady, Keller Williams Realty Spring Lake
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22435763
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22435763
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