297 Monmouth Road
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 |
|---|---|---|---|
| Dec 9, 2020 | Sold | ||
| Sold | |||
| Mar 25, 2019 | Listed by ERA Central Realty Group - Cream Ridge | $299,900 | |
| Listed by ERA Central Realty Group - Cream Ridge | |||
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PRICED TO SELL! Farmhouse style manor living in North Hanover Township. Circa 1850; Center Hall Colonial with 4 bedrooms and 2 1/2 baths. A very large Barn with 100'x90' corral . On a six acre lot able to accommodate horses, livestock or agriculture. Includes a three car garage and an outbuilding. Opportunity awaits for a Gentlemen horse farm, landscaper, and/or a contractor. A one year Home Warranty included for the Buyer peace of mind. Property conveniently located for an easy commute.
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| Mar 28, 2017 | Sold | ||
| Sold | |||
| Jan 16, 2017 | Listed by RE/MAX at Home | $274,999 | |
| Listed by RE/MAX at Home | |||
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This 4 bedroom, 2 1/2 bath Colonial is located in North Hanover Township on 6 acres. With a little TLC this home could be amazing. Low taxes, convenient country roads, and subdivision is possible. This property is being solid As Is. New septic, radon remediation complete. CO is complete and water test is finished.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017