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 |
|---|---|---|---|
| Dec 8, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $998,758 | |
| Listed | |||
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Turn of the century Iconic Home, nicknamed ''The Queen Anne'', located minutes from ocean, rivers, boutique shopping & fine restaurants. During the summer, enjoy the cool ocean breezes on either your 1st or 2nd floor rocking chair wrap-around porches or 3rd floor balcony. During the winter, cozy up the fireplace in family room. Hardwood floors on entire 1st floor. Second floor has original hardwood floors & most rooms on the third has original wide plank floors. Study with built-in bookcases with ample seating area plus room for an office. 5 bedrooms with possible 6th. Backyard deck off family room. Rumson is recognized for an excellent school system & proximity to the NYC ferry. Short distance, to many outdoor activities, parks, gardens, and arts venues. All measurements are approximat The manager has listed the unit size as 3110 square feet.
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| Aug 7, 2017 | Listed by Heritage House Sotheby's International Realty | $998,758 | |
| Listed by Heritage House Sotheby's International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017