642 Rankin Road
About This Property
This sprawling ranch is the perfect place to call home.The house has many standout features including an indoor pool, perfect for year round fitness or relaxing, soaring ceilings & gorgeous fireplace add drama to the spacious living room.The primary suite has a gas fireplace, a unique his & her bathroom, huge walk in closet & cedar closet. The full finished basement includes a great room, bedroom & full bathroom, plus plenty of storage. Enjoy nature in the beautiful yard with an occational deer wondering through & birds singing in the trees. A quick walk to the park, library & elementary school. A short distance to Manasquan Main Street, train station, the beach & so much more
Seller has submitted paperwork for subdivision for 2 buildable lots.
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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 |
|---|---|---|---|
| May 3, 2026 | In contract | - | |
| In contract | |||
| Nov 12, 2025 | Listed by Keller Williams Shore Properties | $1,999,999 | |
| Listed by Keller Williams Shore Properties | |||
| Aug 12, 2025 | Sold | ||
| Sold | |||
| May 24, 2025 | In contract | - | |
| In contract | |||
| Apr 18, 2025 | Listed by Keller Williams Shore Properties | $1,500,000 | |
| Listed by Keller Williams Shore Properties | |||
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Perched high on a hill this spacious 4 bedroom mid century ranch on a rare double lot features generous size rooms and an easy open flow throughout. One of the homes standout features is the private indoor pool -perfect for year round relaxation or entertaining. The primarty suite features a gas fireplace and unique his and her bathroom. The full finished basement includes a great room. bedroom and full bathroom and plenty of storage space. Located in a sought after area close to the elementary school,park, library, beach and a selection of restaurants just moments away. Its a unique opportunnity in a fantastic setting. Come see it for yourself!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017