257 Third Street
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 |
|---|---|---|---|
| Sep 1, 2023 | Sold | ||
| Sold | |||
| Jul 24, 2023 | Listed by Heritage House Sotheby's International Realty | $695,000 | |
| Listed by Heritage House Sotheby's International Realty | |||
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Relocating owners hate to leave this enchanting cottage! This gem has been lovingly restored and revitalized to capture the essence of charm and coziness. A perfect condo alternative featuring 3 bedrooms, 1 bath, new kitchen and bath and wide planked hardwood floors, full basement and attached 1 car garage. Centrally located in beautiful Fair Haven close to schools and town with plenty of room to expand! Priced to sell!
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| Mar 27, 2023 | Sold | ||
| Sold | |||
| Jan 6, 2023 | Listed by O'Brien Realty, LLC | $699,000 | |
| Listed by O'Brien Realty, LLC | |||
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Totally renovated in the heart of Fair Haven, this 3br 1 ba home features wide plank wood floors, a gorgeous white kitchen with quartz counters, newer stainless steel appliances and brand new bathroom. The perfect starter home you can grow in to and add a 2nd floor in the future.
Nestled between Sickles elementary and Knollwood Middle School, enjoy front row seats to the daily bike riders to/from school each day, the transition day parade, and a short walk to Community Park and ice skating on McCarter pond.
Plenty of room to entertain and play in spacious backyard. Attached garage and basement for additional storage and/or play area.
5mins to downtown Red Bank, 10mins to the beach and ferry to NYC.
This is an amazing opportunity to own a home in one of the most desired town
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| Nov 3, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017