641 Overton Place
About This Property
Upstairs there are 3 bedrooms all with hardwood floors. The master has a dressing area and walk-in-closet. An updated full bath is also on the 2nd floor.
There is a finished playroom, laundry area and full bath located in the basement. The yard is very deep and has a large paver patio and driveway. Located close to NYC transportation, Pier Village, Monmouth University, Monmouth Park Racetrack and Seven Presidents Oceanfront Park.
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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 |
|---|---|---|---|
| Jan 4, 2022 | Sold | ||
| Sold | |||
| Aug 28, 2021 | Listed by Resources Real Estate | $459,000 | |
| Listed by Resources Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017