245 Sheffield Drive
About This Property
From The Moment You Arrive, The Circular Driveway, Professionally Landscaped Grounds, And Exceptional Curb Appeal Set The Tone For This Impressive Home. Step Inside To A Grand Two Story Foyer Accented By Decorative Moldings Throughout And A Layout Designed For Both Luxury Living And Entertaining. The Sunken Family Room Features Vaulted Ceilings, A Gas Fireplace, And An Open Feel Filled With Natural Light. The Updated Eat In Kitchen Offers The Perfect Combination Of Style And Functionality For Everyday Living And Hosting Guests. Upstairs, Spacious Bedrooms And 4.5 Bathrooms Throughout The Home Provide Comfort And Flexibility For Any Lifestyle. The Full Finished Basement Is An Entertainer's Dream Complete With Bar Area, Theater Seating, And Abundant Storage Space. Step Outside To Your Private Resort Like, Fully Fenced and Private Backyard Featuring A Heated Salt Water Pool Less Than 10 Years Old, Custom Hardscape Design, Built In Grill, Firepit Area, and Surround Sound Speaker Wiring Throughout The Yard -- Creating The Ultimate Outdoor Entertainment Experience. Additional Features Include Newer 2 Zone HVAC Systems And A Prime East Freehold Location Close To Shopping, Dining, And Major Transportation. A Rare Opportunity To Own A Truly Exceptional Home In One Of The Area's Premier Neighborhoods!
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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 |
|---|---|---|---|
| Jul 10, 2026 | Sold | ||
| Sold | |||
| May 22, 2026 | In contract | - | |
| In contract | |||
| May 10, 2026 | Listed by RE/MAX Central | $1,499,900 | |
| Listed by RE/MAX Central | |||
| Jan 30, 2014 | Sold | ||
| Sold | |||
| Oct 18, 2013 | Listed by Keller Williams Realty West Monmouth | $675,000 | |
| Listed by Keller Williams Realty West Monmouth | |||
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*** AWESOME COLONIAL IN 'Sheffield Estates' in FREEHOLD. This Gorgeous Home with its Sun-Soaked 2 Story Foyer will impress you from the moment you walk in. Enjoy the: 2 Story Family Room with Cozy Fireplace * Super-Sized Kitchen with Center Island and Breakfast Nook * Study/Guest Bedroom with Hardwood Floors * Study/Guest Room has Attached Full Bath * All BATHROOMS ARE UPDATED/REMODELED * Superb Master Suite * FULL FINISHED BASEMENT WITH WET BAR & FULL BATH * Perfect location for Commuters...
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017