64 Scarlet Drive
About This Property
Upstairs, you'll find updated finishes throughout, while the fully finished basement provides exceptional versatility with an additional bedroom, full bath, & washer & dryer for added convenience. The basement has been thoughtfully renovated with premium waterproof vinyl flooring, brand new insulated walls, & a 2 year old sump pump. Enjoy year-round comfort with a brand new air conditioning unit & furnace, as well as a new water heater
Outdoors, the property features an extended front driveway and a private backyard with pavers, a patio area, a new gazebo, an above-ground pool, and a storage shed. A sprinkler system surrounds the home to help maintain a picture perfect landscape.
All bathrooms have been fully renovated, & both the stairs & second floor have been recently updated.
Located just minutes from shopping centers, parks, & the Garden State Parkway, this home offers both convenience and comfort. It is move-in ready and filled with high-end upgrades. Schedule your visit today!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 19, 2025 | Sold | ||
| Sold | |||
| Jul 21, 2025 | In contract | - | |
| In contract | |||
| Jul 9, 2025 | Listed by Keller Williams Realty West Monmouth | $675,000 | |
| Listed by Keller Williams Realty West Monmouth | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017