29 Spring Street
About This Property
Upstairs, you'll find three bedrooms, and another bathroom along with a walk-in closet/passage leading to a bonus room in the attic, which has been transformed into a cozy TV lounge The clean, spacious basement offers ample storage, and the backyard boasts a large deckideal for hosting gatherings. Plus, a brand-new hot water heater with a warranty, and newer roof (2017) provides peace of mind.
Located just down the street from Riverview Medical Center, ranked among the top hospitals in New Jersey at #13. Don't miss this rare opportunity to own a piece of Red Bank's charm! It will not last!
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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%.
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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.
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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 |
|---|---|---|---|
| Apr 18, 2025 | Sold | ||
| Sold | |||
| Mar 14, 2025 | In contract | - | |
| In contract | |||
| Feb 26, 2025 | Listed by J.J. Elek Guarantee Sales | $724,900 | |
| Listed by J.J. Elek Guarantee Sales | |||
| Jun 1, 2017 | Sold | ||
| Sold | |||
| Feb 9, 2017 | Listed by RE/MAX Generations | $465,000 | |
| Listed by RE/MAX Generations | |||
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Would you like to be located just several blocks to Riverview Medical Center and Downtown Red Bank? Looking to enjoy the ''RED HOT RED BANK'' life style? Then, welcome to this 3 bedroom, 1.5 colonial in MOVE IN condition! FALL IN LOVE with the gorgeous new (2015) kitchen featuring 42 inch cabinets with crown molding, granite counters, huge island, hardwood flooring, recessed lighting, stainless steel appliance package and split-face small-brick back splash! This home features many updates while still keeping the charm and character of yesteryear! Upgrades & features include: BRAND NEW TIMBERLINE ROOF (Feb. 2017), updated bathrooms, gleaming hardwood flooring, new windows and flooring in the front heated sun room, WIFI thermostat, 1 car detached garage and deep driveway! This colonial also features a large rear deck, rear mud room and walk-in hall closet upstairs! This home also has a spacious living room, dining room with built-ins, a HUGE walk up attic, a full basement and comes with a 1 year home warranty! DELAY NOT!! "Plenty of parking here! The driveway can hold 4 cars, plus 1 in the garage! Additionally, Red Bank allows for vehicle street parking overnight (permit is free)!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017