38 Red Coach Lane
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%.
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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.
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 |
|---|---|---|---|
| Mar 22, 2023 | Sold | ||
| Sold | |||
| Jan 13, 2023 | Listed by Berkshire Hathaway HomeServices Fox & Roach - Rumson | $1,559,000 | |
| Listed by Berkshire Hathaway HomeServices Fox & Roach - Rumson | |||
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HIGHLY SOUGHT AFTER 'LOCUST' AREA OF MIDDLETOWN, MINS TO NY FERRY & BEACH! Perfectly set back on a quiet highly sought after street on manicured grounds w/ mature landscaping & deep rear yard. Updated to perfection w/ oversized windows & a sun drenched versatile open floor plan. Gourmet kitchen w/ crisp white cabinetry, oversized island & prof. grade appliances opens to great room. Beautiful first floor guest quarters or optional master retreat w/ en-suite bath & WIC. Lux 2nd floor master w/ sitting area, WIC & gorgeous en-suite bath. Large finished basement incl full bath w/ plenty of room for playroom, gym, office area, & more. Spacious rear patio, 4 car garage, & access to Huber Woods from your back yard. THIS PROPERTY IS A MUST SEE - IT WON'T LAST...MAKE YOUR APPOINTMENT TODAY!
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| Jul 7, 2022 | No longer available | - | |
| No longer available | |||
| Jun 16, 2022 | Price Decreased |
$1,795,000
↓ $154K
(7.9%) | |
| Price Decreased | |||
| Jun 3, 2022 | Listed by Resources Real Estate | $1,949,000 | |
| Listed by Resources Real Estate | |||
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A rare offering on sought after Red Coach Ln in the Locust section of Middletown Twp, with a Rumson zip code. Red Coach Ln is a no outlet street surrounded by Huber Woods where this 6 bed, 4.5 bath home stands beautifully situated on a level lot with a circular drive, landscaped to complement the natural surroundings. Hardwood floors throughout, travertine marble, additional 1000+sq.ft.+ finished basement w/full bath. 1st & 2nd floor primary suites, whole house generator, 4 car garage, huge bluestone patio w/ BBQ. Great school system. Minutes to everything - ferries, beaches, hiking - yet private, quiet & bucolic. This home offers so much room inside and out for entertaining family and friends. The manager has listed the unit size as 4799 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017