257 Matawan Avenue
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 |
|---|---|---|---|
| Feb 24, 2023 | Sold | ||
| Sold | |||
| Jul 8, 2022 | Listed by Keller Williams Realty West Monmouth | $525,000 | |
| Listed by Keller Williams Realty West Monmouth | |||
| | |||
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Over 1/2 acre! Wonderful renovated ranch with a new lifestyle to match. Take a deep breath of effervescent oxygenated air in your private backyard while you cook a pizza on the outdoor brick oven. Highly sought after location down the road to a recreational lake for fishing and kayaking and very close to stores, shopping and dream come true commuting. Younger roof, new HVAC, open concept new kitchen, wood burning fireplace creates a wow focal point in the living room, renovated baths, bonus space in the den/veranda with exposed brick wall make this all the charm your heart can hold. Trending lighting throughout. Full unfinished basement with laundry room and brand new washer dryer. Double wide freshly paved driveway, with two car detached garage with a whole level of attic storage on top This home may soon house your fondest memories.
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| Jan 21, 2022 | Sold | ||
| Sold | |||
| Jul 30, 2021 | Listed by Keller Williams Realty West Monmouth | $375,000 | |
| Listed by Keller Williams Realty West Monmouth | |||
| Jul 12, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017