$540,000
●
House -
Off Market
286 Spring Street
Red Bank, NJ 07701
3 Beds
2 Baths,
1
Half Bath
1,802 Ft²
$785,076
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model
About This Property
A rare opportunity in Red Bank. Walk to town from this beautiful
Red Bank Dutch Colonial home. Completely renovated to the studs.
Everything is brand new and features a desirable open concept
living space perfect for entertaining! Center island gourmet
kitchen with gorgeous grey wood shaker style cabinets, stainless
black appliances, granite counters. All baths feature designer
vanities with quartz counter tops and upscale tile. 3 bedrooms, 2.5
baths, real hardwood floors throughout, 29 new windows, 34 recessed
lights, new HVAC system with central AC ,new electric, all new
interior and exterior plumbing for fantastic water pressure, new
roof & gutters, paving, deck, doors and so much more. Just a short
stroll to town for shopping, restaurants, cafes and festivals.
Don't miss this one!!
Unit Size
1,802 Ft²
Days on Market
185 days
Land Size
-
Price per sqft
$305
Property Type
House
Property Taxes
$747
HOA Dues
-
Year Built
1927
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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: 7 months ago (MOMLS #21937825)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 17, 2020 | Sold | ||
| Sold | |||
| Sep 16, 2019 | No longer available | - | |
| No longer available | |||
| Sep 14, 2019 | Listed by Shore Homes Shirvanian Realty | $549,000 | |
| Listed by Shore Homes Shirvanian Realty | |||
| Aug 28, 2019 | Price Decreased |
$579,000
↓ $20K
(3.3%) | |
| Price Decreased | |||
| Jun 14, 2019 | Listed | $599,000 | |
| Listed | |||
| | |||
|
A rare opportunity in Red Bank. Walk to town from this beautiful Red Bank Dutch Colonial home. Completely renovated to the studs. Everything is brand new and features a desirable open concept living space perfect for entertaining! Center island gourmet kitchen with gorgeous grey wood shaker style cabinets, stainless black appliances, granite counters. All baths feature designer vanities with quartz counter tops and upscale tile. 3 bedrooms, 2.5 baths, real hardwood floors throughout, 29 new windows, 34 recessed lights, new HVAC system with central AC ,new electric, all new interior and exterior plumbing for fantastic water pressure, new roof & gutters, paving, deck, doors and so much more. Just a short stroll to town for shopping, restaurants, cafes and festivals. Don't miss this one!! The manager has listed the unit size as 1802 square feet.
| |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
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Sold On
Sold On
HOA + Taxes
About Red Bank
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Currently no similar homes aroundNearby Rentals
Listed by: Christine Stout, Shore Homes Shirvanian Realty
Last Updated: 7 months ago
Data Source: MOMMLS, MLS# 21937825
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: 7 months ago
Data Source: MOMMLS, MLS# 21937825
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