5 Mountainview Way
About This Property
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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 |
|---|---|---|---|
| Jan 2, 2024 | Sold | ||
| Sold | |||
| Mar 31, 2021 | Listed by Corcoran Baer & McIntosh | $1,850,000 | |
| Listed by Corcoran Baer & McIntosh | |||
| Jan 15, 2020 | No longer available | - | |
| No longer available | |||
| Aug 12, 2019 | Listed | $750,000 | |
| Listed | |||
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This large lot is located in the desirable section of Sea Bright and can be subdivided with a variance. The land is water front with a riparian grant and offers unobstructed views of the river from Raritan Bay to Rumson and Highlands bridge. The location of the land affords easy access to New York by ferry, bus, train, and Garden State Pky. Multiple lots may also be purchased. See MLS 21933106 and MLS 21933136 for details.
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About Sea Bright
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$3,950 /mo
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$4,100 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017