2645 River Road
About This Property
Your arrival at the solid mahogany front entry is the beginning of your journey into an atmosphere of timeless elegance. Every detail of this home has been thoughtfully curated for the discerning buyer who values impeccable craftsmanship and custom amenities. Panoramic water views fill the exquisitely designed interiors, providing a serene backdrop for both daily life and grand entertaining.
This extraordinary home also features a private suite above the three-car garage, perfect for guests or multigenerational living. The full, finished basement is an entertainer's dream, boasting a custom bar, wine cellar, and media room that opens to a stunning outdoor oasis. Here, a sparkling, Gunite, saltwater heated, pool and a travertine patio overlook the expansive 143-ft bulkhead. Perched high above the river and enveloped by lush, manicured landscaping, this residence offers unparalleled privacy while providing front-row seats to the sweeping vistas of the Manasquan River. Truly a private retreat, this home beckons those who seek a waterfront sanctuarywhere every day feels like a getaway.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Feb 11, 2025 | Sold | ||
| Sold | |||
| Jan 11, 2025 | In contract | - | |
| In contract | |||
| Oct 11, 2024 | Price Decreased |
$5,500,000
↓ $300K
(5.2%) | |
| Price Decreased | |||
| Aug 19, 2024 | Listed by Ward Wight Sotheby's International Realty | $5,800,000 | |
| Listed by Ward Wight Sotheby's International Realty | |||
| Dec 5, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017