38 Navesink Avenue
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 |
|---|---|---|---|
| Apr 10, 2018 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $1,350,000 | |
| Listed | |||
| | |||
|
Four bedroom, 3.5 bath contemporary home located in one of Rumson's most desirable estate locations is now ready for its new owner. Features over 3000 square feet of living space, with vaulted ceilings, living room with fireplace, updated baths, and 2-car garage. Enjoy your outdoor oasis with beautiful patio, heated in-ground lap pool, and privacy landscaping with flowering perennials. This unique home is set on approximately half an acre in an ideal section of Rumson, just minutes to schools, restaurants, and the beach. Grab it now and make it your own! The manager has listed the unit size as 3082 square feet.
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| Mar 25, 2017 | Listed by RE/MAX Paradigm Realty Group | $950,000 | |
| Listed by RE/MAX Paradigm Realty Group | |||
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About Rumson - Fair Haven
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017