650 Aldrich Road
About This Property
Large one car garage. Extra wide asphalt driveway for additional parking. Can park many cars for company in driveway.
Beautiful manicured lawn, and large backyard available to relax and entertain. Paver patio. Backyard access to mud/laundry room, as well as garage entrance right into mud room.
Sliding doors off family room for access to paver patio. Nice open floor plan.
Aldrich Elementary School walking distance from home.
Howell:
Howell Township, located in south-central Monmouth County, has a land area of 62.10 square miles, making it the largest municipality in the county. Residential development in this area began in the 1960s and has dramatically increased in recent decades, as has commercial development along Route 9. With access to Route 9, 195 and the Garden State Parkway, this municipality is one of the fastest growing townships in
Monmouth County. Open space remains, through the maintenance of actively farmed lands, the Howell Park Golf Course and the Manasquan Reservoir Park.
Easy access to RT 195 and NJTPKE. Many activities offered through the Monmouth County Park System.
Ice-skating at the Howell Ice Arena, and many parks to enjoy.
Please visit the Howell Township website for more information.
https://www.twp.howell.nj.us/244/History-of-Howell-Township
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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 9, 2021 | Sold | ||
| Sold | |||
| May 20, 2021 | Listed by LoRusso & Rodriguez Realty | $449,000 | |
| Listed by LoRusso & Rodriguez Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017