$1,325,000
●
House -
Off Market
48 Forman Street
Fair Haven, NJ 07704
4 Beds
2 Baths,
1
Half Bath
2,188 Ft²
$8,122
Est. Monthly
2.32%
Cap Rate
About This Property
Nestled in the heart of one of New Jersey's most desirable towns,
this meticulously upgraded 4 bedroom, 2 1/2 bath home offers the
perfect blend of modern luxury & suburban charm. The
great room, with its vaulted ceiling, offers an inviting space for
gatherings. The home boasts a remodeled kitchen with high-end
appliances , while hardwood floors throughout add timeless
elegance. Beautiful master suite and bathrooms. Large
paver patio and an outdoor kitchen to entertain family & friends.
Finished basement with high ceilings for more entertaining space
and so much more! Don't miss the opportunity to make
this home your own and experience the best of New Jersey living.
Unit Size
2,188 Ft²
Days on Market
75 days
Land Size
0.16 acres
Price per sqft
$617
Property Type
House
Property Taxes
$1,493
HOA Dues
-
Year Built
2007
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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 #22330085)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 10, 2024 | Sold | ||
| Sold | |||
| Oct 27, 2023 | Listed by Coldwell Banker Realty | $1,350,000 | |
| Listed by Coldwell Banker Realty | |||
| Apr 28, 2021 | Sold | ||
| Sold | |||
| Mar 5, 2021 | Listed by Heritage House Sotheby's International Realty | $1,075,000 | |
| Listed by Heritage House Sotheby's International Realty | |||
| | |||
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Life in quaint Fair Haven, a wonderful small community in Monmouth County. This Colonial has just been extensively updated. Welcoming landscaping, rocking chair front porch, open floor plan, trendy kitchen with center island overlooks the fenced yard for pets and little ones, the paver patio is perfect for outdoor entertaining. Family and friends will enjoy spending time in beautiful great room with vaulted ceiling, beautiful trim thru out and gas fireplace. Master suite with updated private bath and walk in closet. 600 square feet of finished basement is perfect for home office, gym or movie room. You'll love the proximity to school, grocery store, restaurants and boutiques. Your ''home sweet home'' is waiting for you at 48 Forman Street.
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Fair Haven
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Listed by: Raffaele Marino, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22330085
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# 22330085
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