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7 Nejecho Drive
About This Property
Step inside to find hardwood floors throughout and an open, airy layout highlighted by tray ceilings in both the living room and kitchen. The oversized kitchen is a true centerpiece, complete with granite countertops, a center island, and a full pantry--ideal for everyday living and entertaining.
Enjoy outdoor living with a rear deck and take advantage of the optional private beach club membership along the Metedeconk River, exclusive to Nejecho Beach residents.
Additional features include gas heat, central air, and room for everyone. Conveniently located near local marinas and just minutes to Mantoloking Beach.
A must-see home that offers far more than meets the eye!
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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 18, 2026 | Sold | ||
| Sold | |||
| Jun 10, 2026 | In contract | - | |
| In contract | |||
| Apr 13, 2026 | Listed by C21/ Solid Gold Realty | $624,900 | |
| Listed by C21/ Solid Gold Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017