48 Hedge Drive
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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.
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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 |
|---|---|---|---|
| Oct 20, 2026 | Listed by Compass New Jersey LLC | $1,750,000 | |
| Listed by Compass New Jersey LLC | |||
| May 31, 2022 | Sold | ||
| Sold | |||
| Dec 17, 2021 | Listed by Berkshire Hathaway HomeServices Fox & Roach - Rumson | $1,275,000 | |
| Listed by Berkshire Hathaway HomeServices Fox & Roach - Rumson | |||
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Introducing, ''THE HEDGES'', a stunning Century Home built in 1804. This iconic 4 bedroom 2 1/2 bath center hall colonial has 11 rooms. On first level; a living room with gas fireplace, built-ins and french doors leading to an enclosed porch, the Family Room has french doors that lead to a large formal Dining Room. The Chefs Kitchen w/ Viking Range and large granite island has a separate breakfast and patio area, a library and gym complete this level. Thoughtful renovations done over its many years have allowed this home to retain its original architecture while having all of todays amenities and conveniences, including; a new patio and fully fenced yard that provides an oasis to relax or have a great party around the in-ground salt water pool w/ hot tub, play/pool house & outdoor shower Homes like this do not come up often. This a one-of-a-kind opportunity for your most discriminating buyer.
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About Oceanport
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017