$412,000
●
House -
Off Market
57 Louis Circle
Red Bank, NJ 07701
3 Beds
1 Bath
$435,174
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model
About This Property
If you have been priced out of the current market, and still want a
desirable area that is convenient to everything--you may have found
your next home. It is priced to reflect the need for a complete
renovation, although we have reason to believe that the roof and
HVAC have been replaced within the last 10 years. All rooms
currently have contents which will be removed by the Estate before
closing; but many areas have hardwood floors under the carpeting,
and there is a full basement and attached garage for storage. Note
floorplans for the room layout. Bring your design ideas, a budget
for improvements and a willingness to roll up your sleeves. Many
other homes in this neighborhood will give you an idea of the
possibilities.
Unit Size
-
Days on Market
101 days
Land Size
0.24 acres
Price per sqft
-
Property Type
House
Property Taxes
$625
HOA Dues
-
Year Built
1952
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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 #22130404)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 10, 2023 | Sold | ||
| Sold | |||
| Dec 28, 2022 | Listed by Compass New Jersey LLC | $1,325,000 | |
| Listed by Compass New Jersey LLC | |||
| | |||
|
Lovely neighborhood; home has everything you might need and then some more: 4 bedrooms and 3.5 baths, perfect gourmet designed kitchen for your inner chef, open concept first floor so perfect for family life and gatherings, sun drenched den/work from home room, another bedroom & full bathroom on the first floor - and access to patio. Bedrooms and bathrooms and great size loft on the second floor are just hidden gems of beauty and functionality. Laundry area is conveniently close to bedrooms. Full finished basement. Harwood flooring throughout, stunning light fixtures .. and so much more.
Property is fenced, quiet street just minutes away from everything Red Bank has to offer.
| |||
| Dec 28, 2021 | Sold | ||
| Sold | |||
| Sep 14, 2021 | Listed by Berkshire Hathaway HomeServices Fox & Roach - Spring Lake | $395,000 | |
| Listed by Berkshire Hathaway HomeServices Fox & Roach - Spring Lake | |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Fairview
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Brian M Church, Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22130404
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# 22130404
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