48 River Drive
About This Property
Don't miss this home!All room sizes approx.
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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 |
|---|---|---|---|
| Dec 2, 2022 | Sold | ||
| Sold | |||
| Oct 14, 2022 | Listed by Realty One Group Central | $685,000 | |
| Listed by Realty One Group Central | |||
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Elegantly renovated open-concept home in the most desirable Marlboro TWP! Owners spared no expenses in making this house one of a kind! Sun-filled through multiple skylights and oversized picture windows in the family room overlooking a large, private backyard. Kitchen with quartz countertop and farmhouse sink. Other upgrades include but not limited to newer fireplace, recessed lights, hardwood floors upstairs, security system, Double walk-in closets in the Master Bdrm. Pavers, new sod and sprinklers in the front. Oversized 3-car width driveway. Nominal annual membership fee grants entry to Monmouth Heights Swim and Racquet Club. House located in the top rated Marlboro school district!
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| Sep 8, 2015 | Sold | ||
| Sold | |||
| Jul 24, 2015 | Listed by Weichert Realtors-Manalapan | $445,000 | |
| Listed by Weichert Realtors-Manalapan | |||
| Dec 19, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017