381 Buchanan Boulevard
About This Property
Outdoors, your private backyard oasis awaits: a beautifully landscaped yard with mature flowers and trees, a generous deck, and a heated pool with a brand-new liner perfect for summer fun and memorable gatherings.
The fully finished basement provides even more living space, featuring custom built-ins for stylish storage ideal for a playroom, home gym, media room, or guest suite. Plus, an unfinished attic offers valuable additional storage and endless potential for future expansion.
Throughout the home, you'll appreciate thoughtful touches and ample closet space to keep life beautifully organized.
All of this is just minutes from vibrant downtown Red Bank, top-rated schools, local beaches, parks, shopping, and convenient NYC transportation.
381 Buchanan Blvd combines luxury, comfort, and an unbeatable location come experience this River Plaza gem and make it your forever home!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 3, 2025 | Sold | ||
| Sold | |||
| Jul 22, 2025 | In contract | - | |
| In contract | |||
| Jul 9, 2025 | Listed by NextHome Peninsula Realty Group | $1,079,000 | |
| Listed by NextHome Peninsula Realty Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017