601 Jerome Place
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 |
|---|---|---|---|
| Jul 8, 2026 | Sold | ||
| Sold | |||
| May 29, 2026 | In contract | - | |
| In contract | |||
| Feb 20, 2026 | Listed by Keller Williams Realty West Monmouth | $225,000 | |
| Listed by Keller Williams Realty West Monmouth | |||
| Feb 8, 2024 | Sold | ||
| Sold | |||
| Jul 19, 2023 | Listed by Berkshire Hathaway HomeServices Fox & Roach- Shrewsbury | $175,000 | |
| Listed by Berkshire Hathaway HomeServices Fox & Roach- Shrewsbury | |||
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Silvermead is one of the most sought after Adult Communities in Monmouth Cnty. This finely appointed 3 bedroom 2 full bath has much to offer with a multitude of upgrades. Offers a spacious living, dining and primary bedroom. Master bath large enough for a shower chair. Hallways range from 30.5'' - 37''. Located on a quiet corner lot and features a car port. Has an enclosed sun room porch. Included is a spacious storage shed with workbench. Kitchen has a new floor. Den off the kitchen includes a gas fireplace. Enjoy the many amenities at Silvermead including a community club house, swimming pool, bocce court, table pool, exercise room. Silvermead is convenient to major rds, restaurants, medical facilities and many shopping opportunities. Silvermead is a pet friendly community.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017