628 N Edgemere Drive
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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%.
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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.
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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 |
|---|---|---|---|
| Aug 12, 2016 | Sold | ||
| Sold | |||
| Apr 5, 2016 | Listed by Weichert Realtors-Rumson | $499,000 | |
| Listed by Weichert Realtors-Rumson | |||
| | |||
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This beautiful 3 bedroom center hall colonial in a great West Allenhurst neighborhood is a mile to the beach! It is light, bright & charming, with a wonderful flow. The kitchen is stunning; white quartz counters, stone backsplash, farm sink, stainless appliances, wine fridge, recessed lighting & more. The family room is open to the kitchen with sliding doors to the private backyard as well as direct access to the oversized 1-car garage. The spacious living room has a gas fireplace, and an office opens from it. Fabulous half-bath. Upstairs is a landing w/niche, perfect for a desk & computer. The bath is gorgeous, with 2 sinks & skylights & the 3 bedrooms are large with lots of closet space (2 closets in MBR). Wood floors throughout. New siding, generator, roof, furnace, AC & water heater. There are underground sprinklers in the front yard. The bedroom closets are all cedar-lined.
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| May 15, 2014 | Sold | ||
| Sold | |||
| Apr 17, 2013 | Listed by Gloria Nilson & Co. Real Estate | $375,000 | |
| Listed by Gloria Nilson & Co. Real Estate | |||
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About Monmouth
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017