$825,000
●
House -
Off Market
56 Edwards Drive
Freehold, NJ 07728
4 Beds
2 Baths,
1
Half Bath
2,485 Ft²
$5,179
Est. Monthly
4.65%
Cap Rate
About This Property
This beautifully maintained home is loaded with upgrades and
thoughtful touches throughout! The stunning kitchen features new
flooring, a new dishwasher, abundant white cabinetry with pull-out
organizers, and a walk-in pantry conveniently located off the
dining room. Freshly painted with new blinds and carpet (hardwood
beneath all bedroom carpets), the home also boasts vaulted ceilings
in the living room and a spacious bonus room addition perfect for
entertaining. A finished attic offers flexibility as a 5th bedroom
or home office. The primary suite impresses with a large walk-in
closet and a luxurious, fully tiled bath with multi-jet shower. The
partially finished, waterproofed basement includes two sump pumps
for peace of mind. Outside, enjoy a fully fenced yard, new paver
patio, new driveway, underground sprinklers, and a storage shed.
Additional highlights include 2-zone A/C (new 2024 unit), newer
HWH, insulated garage with WiFi opener/keypad, smart home lighting,
updated alarm system, and a standby generator. Ideally located near
top-rated schools, Lake Topanemus, and shoppingjust minutes to
Trader Joe's and Wegmans!
Unit Size
2,485 Ft²
Days on Market
63 days
Land Size
0.59 acres
Price per sqft
$342
Property Type
House
Property Taxes
$1,009
HOA Dues
-
Year Built
1969
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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 #22520404)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 11, 2025 | Sold | ||
| Sold | |||
| Jul 29, 2025 | In contract | - | |
| In contract | |||
| Jul 10, 2025 | Listed by Keller Williams Realty West Monmouth | $849,000 | |
| Listed by Keller Williams Realty West Monmouth | |||
| Jun 5, 2025 | Listed | $849,000 | |
| Listed | |||
| | |||
|
This beautifully maintained home is loaded with upgrades and thoughtful touches throughout! The stunning kitchen features new flooring, a new dishwasher, abundant white cabinetry with pull-out organizers, and a walk-in pantry conveniently located off the dining room. Freshly painted with new blinds and carpet (hardwood beneath all bedroom carpets), the home also boasts vaulted ceilings in the living room and a spacious bonus room addition perfect for entertaining. A finished attic offers flexibility as a 5th bedroom or home office. The primary suite impresses with a large walk-in closet and a luxurious, fully tiled bath with multi-jet shower. The partially finished, waterproofed basement includes two sump pumps for peace of mind. Outside, enjoy a fully fenced yard, new paver patio, new driveway, underground sprinklers, and a storage shed. Additional highlights include 2-zone A/C (new 2024 unit), newer HWH, insulated garage with WiFi opener/keypad, smart home lighting, updated alarm system, and a standby generator. Ideally located near top-rated schools, Lake Topanemus, and shoppingjust minutes to Trader Joe's and Wegmans!
| |||
| Apr 7, 2025 | Price Decreased |
$799,900
↓ $80K
(9.1%) | |
| Price Decreased | |||
Show More
Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
Price/ft²
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Listed On
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Sold On
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HOA + Taxes
About Monmouth
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Listed by: George Russ, Keller Williams Realty West Monmouth
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22520404
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# 22520404
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