54
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7 Lorraine Avenue
About This Property
grand estate with sweeping covered porches and private pool potential. Bring your architect to design the ultimate luxury lifestyle. Claim your piece of the gold coast. 1 Hr. to NYC; a short ride to Wall Twp. Airport. Mins. to prestigious Golf Country Club, Tennis & Bath Club, and fine dining.
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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 |
|---|---|---|---|
| Jun 16, 2026 | Price Decreased |
$8,900,000
↓ $1M
(10.1%) | |
| Price Decreased | |||
| May 29, 2026 | Listed by Diane Turton, Realtors-Sea Girt | $9,900,000 | |
| Listed by Diane Turton, Realtors-Sea Girt | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017