1
Map
31 Rumson 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 |
|---|---|---|---|
| Feb 25, 2025 | In contract | - | |
| In contract | |||
| Feb 12, 2025 | Listed by Coldwell Banker, Livingston | $1,575,000 | |
| Listed by Coldwell Banker, Livingston | |||
| Jan 25, 2005 | Sold to Allyson Liebman, Joshua Lie... | ||
| Sold to Allyson Liebman, Joshua Lie... | |||
Property Highlights
31 Rumson Road
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Comparables
Status
Price/ft²
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Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
About Essex
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Nearby Rentals
Coldwell Banker, Livingston
Last Updated: 30 days ago
Data Source: NJMLS , MLS# 25004596
All information deemed reliable but not guaranteed.© 2024 New Jersey Multiple Listing Service Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
