7 June Terrace
About This Property
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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 |
|---|---|---|---|
| Nov 1, 2023 | Sold | ||
| Sold | |||
| Jul 31, 2023 | Listed by Coldwell Banker Realty | $549,900 | |
| Listed by Coldwell Banker Realty | |||
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Lovingly maintained, this 4 bedroom, New Monmouth split level home is ready for new owners. Recent renovations include maple hardwood floors in the living & dining rooms, quartz kitchen countertops, lower level carpeting, hot water heater, & a gorgeous, spa-like full bath. Vaulted ceilings create a sense of spaciousness. Plenty of windows allow the light to flood throughout. Neutral color palette. Excellent opportunity for multi-generational living. Multiple, private work from home office locations. Added bonus - a screened in sunroom with views of the tranquil backyard. Conveniently located near stellar schools, shopping, hip Red Bank, Jersey Shore beaches & a variety of commuting options to NYC via bus, train, ferries and GSP. Middletown - consistently listed as one of the best places to live in New Jersey!
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| Aug 14, 2020 | Sold | ||
| Sold | |||
| Jun 12, 2020 | Listed by Heritage House Sotheby's International Realty | $419,000 | |
| Listed by Heritage House Sotheby's International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017