7 Sunset Avenue
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 |
|---|---|---|---|
| May 28, 2026 | Sold | ||
| Sold | |||
| May 16, 2026 | In contract | - | |
| In contract | |||
| Apr 3, 2026 | Listed by RE/MAX Innovation | $795,000 | |
| Listed by RE/MAX Innovation | |||
| Oct 20, 2025 | Listed | $799,000 | |
| Listed | |||
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Located in the heart of Matawan's sought after Edgemere Heights, this beautifully updated mid century ranch offers 3 bedrooms, 2 full baths, and an easy, open flow just minutes to trains, buses, downtown Matawan, shopping, the Garden State Parkway, and major roadways. A covered front porch welcomes you into a light filled living room anchored by a wood burning fireplace with a brick and stone hearth and a large picture window. The fully updated kitchen features shaker cabinetry, quartz countertops, stainless steel appliances including a new LG dishwasher, a pantry, and recessed lighting, with a door directly to the backyard. The formal dining room opens to a spacious sunken family room and a delightful sunroom both with recessed lighting leading to a concrete patio and a fully fenced backyard. Perfect for relaxing or entertaining, the yard showcases a tranquil koi pond, a generous open lawn, and a convenient storage shed. The private primary suite offers a triple window, a cedar closet, and an updated bath with a tiled step in shower. Two additional bedrooms feature hardwood floors, ample closets, and abundant natural light. The refreshed hall bath includes a granite vanity, modern lighting, tile flooring, and a tub shower with clear glass doors. A full, dry, waterproofed basement provides excellent storage, laundry, and utility space and is ready to finish. Additional updates include a newer roof, newer windows and doors, and newer hot water heater. Complete with a 1car garage, this inviting home blends comfort, style, and thoughtful upgrades. Move right in and enjoy a short 25 minute drive to the NJ shore.
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| Sep 22, 2025 | Listed | $799,900 | |
| Listed | |||
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Discover this beautifully updated 3-bedrm, 2-bath mid-century, modern ranch on a quiet street in sought-after Edgemere. Inside, you'll find gleaming hardwd flrs, a cozy fireplace, and a sunroom filled w/ natural light. The stunning kitchen boasts stainless steel appliances, sleek finishes, and fresh cabinetry, while the master bathrm has been tastefully updated. Recent upgrades include a new roof, new windows, central A/C, washer/dryer, fixtures, and lighting. Step outside to a large fenced-in yard with new brick and bluestone entry steps-perfect for entertaining, gardening, or play. With a one-car garage, plenty of storage, and a location close to the Matawan train, vibrant downtown, and just 20 minutes to the Jersey Shore, this move-in ready home has everything you've been looking for!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017