669 Locust Point Road
About This Property
Close to Sandy Hook beaches,Hartshorne Woods and minutes to Red Bank,Pier Village and Monmouth Race Track. Perfect location for easy commuting and relaxing at the beach once you get home.
Very limited building lots left.
Don't miss your opportunity to live in one of the nicest areas in Monmouth County.
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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 |
|---|---|---|---|
| Sep 22, 2020 | Sold | ||
| Sold | |||
| Feb 10, 2020 | Listed by RE/MAX The Real Estate Leaders | $265,000 | |
| Listed by RE/MAX The Real Estate Leaders | |||
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This is your opportunity to build the home of your dreams!! This is a conforming, leveled lot with a Rumson mailing address. The approvals are in for a 2900 sq ft home with a basement and the proposed elevations are in the documents sections.
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| Nov 30, 2018 | Sold | ||
| Sold | |||
| Mar 26, 2018 | Listed by Heritage House Sotheby's International Realty | $249,900 | |
| Listed by Heritage House Sotheby's International Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017