$440,000
●
House -
Off Market
68 Ridge Road
Rumson, NJ 07760
2 Beds
1 Bath
$926,471
RealtyHop Estimate
95.05%
Since Dec 1, 2013
National-US
Primary Model
About This Property
Bring your Builders! Excellent Rumson location where many new homes
have recently been built! Backs up to town park and is walking
distance to the Rumson School's Campus. This property is being sold
''as is''. The value is in the land. All potential purchasers must
do their due dilligence for building on this premium Rumson lot.
Can accomodate up to a 3,500 sq. ft. home. Close to schools,
library and town. See attached for lot coverage specs.
Approximately 1 mile to the beach.
Unit Size
-
Days on Market
203 days
Land Size
0.24 acres
Price per sqft
-
Property Type
House
Property Taxes
$414
HOA Dues
-
Year Built
2015
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (MOMLS #21312607)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 16, 2021 | Sold | ||
| Sold | |||
| May 19, 2021 | Listed by Weichert Realtors-Rumson | $1,699,000 | |
| Listed by Weichert Realtors-Rumson | |||
| | |||
|
Located in the heart of town-next to school district and Piping Rock Memorial Park!
| |||
| Aug 15, 2017 | Sold | ||
| Sold | |||
| Jun 23, 2017 | Listed by Resources Real Estate | $1,325,000 | |
| Listed by Resources Real Estate | |||
| | |||
|
Fabulous custom 5 BR/3 1/2 BA home built by one of Rumson's premier buiders. Home features exceptional details such as gorgeous millwork, rich hardwood floors & flowing open floor plan. 1st floor office w/ french doors & custom built ins. Great room w/ 10'' coffered ceilings, wood burning FP & wet bar. DR & Gourmet kitchen w/ Walnut center island,Thermador appliances,farm sink,butlers/coffee bar & walk in pantry. Mudroom with 12' ceilings and work station w/ direct entry to oversized 2 car garage. Master suite w/ soaring ceilings is complete w/ lavish bathroom & his/hers walk in closets.3 add'l generous bedrooms & 2nd floor laundry room.Full fin basement offers huge playroom w/ gas FP,addl'l bedroom,full bathroom, gym & office. Sought after neighborhood walkable to TOP schools & shops.
| |||
| Nov 4, 2013 | Sold | ||
| Sold | |||
Show More
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Rumson - Fair Haven
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Richard F Martel, Berkshire Hathaway HomeServices New Jersey Properties
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21312607
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21312607
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017