$340,000
●
House -
Off Market
46 Conover Street
Freehold, NJ 07728
4 Beds
1 Bath
1,316 Ft²
$2,612
Est. Monthly
8.80%
Cap Rate
About This Property
Investor & Landlord Special! This 3-bedroom, 1-bath Colonial in the
heart of Freehold Borough is the perfect addition to any portfolio.
The home features a screened-in front porch, spacious living and
dining rooms, an eat-in kitchen that opens to a family room, and a
full basement for storage or future expansion.
Outside, enjoy a fully fenced yard with patio and shed-ideal for low-maintenance tenant living. Located just minutes from downtown Freehold's shops, restaurants, and nightlife, plus close to major highways and the Parkway, this property is in a prime rental market with strong tenant demand and solid rental comps in the area.
High-demand location + strong investment potential-don't miss this income-producing opportunity!
Outside, enjoy a fully fenced yard with patio and shed-ideal for low-maintenance tenant living. Located just minutes from downtown Freehold's shops, restaurants, and nightlife, plus close to major highways and the Parkway, this property is in a prime rental market with strong tenant demand and solid rental comps in the area.
High-demand location + strong investment potential-don't miss this income-producing opportunity!
Unit Size
1,316 Ft²
Days on Market
137 days
Land Size
0.13 acres
Price per sqft
$326
Property Type
House
Property Taxes
$505
HOA Dues
-
Year Built
1930
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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: 8 months ago (MOMLS #22523968)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 23, 2025 | Sold | ||
| Sold | |||
| Nov 12, 2025 | In contract | - | |
| In contract | |||
| Aug 8, 2025 | Listed by Real Broker, LLC- Point P | $429,000 | |
| Listed by Real Broker, LLC- Point P | |||
| Apr 22, 2022 | Sold | ||
| Sold | |||
| Feb 15, 2022 | Listed by Heritage House Sotheby's International Realty | $2,100,000 | |
| Listed by Heritage House Sotheby's International Realty | |||
| | |||
|
Live life on the Prestigious Navesink River and make your dreams come true! Custom home designed with emphasis on waterviews and easy living. Features include a renovated gourmet kitchen, renovated bathrooms, 3 fireplaces and 4-car garage. Master BR suite is a true retreat providing endless views of the river from both BR and spectacular bathroom. An awesome multi-space two-floor bonus room can be used as a BR w/playroom above, home office, fitness center, etc. 4 BRs and 4.5 BAs in all. Backyard boasts a spacious deck w/firepit, in-ground pool & play areas. Amazing Red Bank, across the bridge, offers world-class dining, shops and theater. Just minutes to NYC fast ferries, train & the beaches. Change your lifestyle today!
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Freehold
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Listed by: Johnny Guan, Real Broker, LLC- Point P
Last Updated: 8 months ago
Data Source: MOMMLS, MLS# 22523968
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: 8 months ago
Data Source: MOMMLS, MLS# 22523968
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