$812,000
●
House -
Off Market
40 Regent Drive
Shrewsbury Boro, NJ 07702
4 Beds
3 Baths,
1
Half Bath
3,649 Ft²
$1,262,610
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model
About This Property
Picture perfect inside and out. 1st floor offers loads of space for
entire family. Great rm for your pool table & games. Family rm with
gas FP, cathedral ceiling, built-in cabinets and window seats to
enjoy cozy winter nights. Formal Living room with wood-burning FP
and formal Dining rm for special occasions. Updated kitchen with
center island, granite countertops, SS appliances and wine cooler.
Private Office on first floor for those who work from home.
Hardwood floors throughout and updated bathrooms. Spacious deck off
Great rm and Kitchen makes a perfect spot to barbecue and
entertain. Whole house generator. Totally fenced backyard with
beautiful landscaping. Close proximity to downtown Red Bank,
shopping, restaurants, transportation to NYC and local Jersey Shore
beaches
Unit Size
3,649 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$227
Property Type
House
Property Taxes
$1,192
HOA Dues
-
Year Built
1987
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (MOMLS #21823962)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 3, 2018 | Sold | ||
| Sold | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Aug 14, 2018 | Listed | $829,900 | |
| Listed | |||
| | |||
|
Picture perfect inside and out. 1st floor offers loads of space for entire family. Great rm for your pool table & games. Family rm with gas FP, cathedral ceiling, built-in cabinets and window seats to enjoy cozy winter nights. Formal Living room with wood-burning FP and formal Dining rm for special occasions. Updated kitchen with center island, granite countertops, SS appliances and wine cooler. Private Office on first floor for those who work from home. Hardwood floors throughout and updated bathrooms. Spacious deck off Great rm and Kitchen makes a perfect spot to barbecue and entertain. Whole house generator. Totally fenced backyard with beautiful landscaping. Close proximity to downtown Red Bank, shopping, restaurants, transportation to NYC and local Jersey Shore beaches The manager has listed the unit size as 3649 square feet.
| |||
| Jun 17, 2018 | Listed by Heritage House Sotheby's International Realty | $829,900 | |
| Listed by Heritage House Sotheby's International Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Shrewsbury
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Listed by: Ali Ross, Heritage House Sotheby's International Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21823962
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21823962
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