85
Map
74 Red Valley Road
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 |
|---|---|---|---|
| Aug 24, 2023 | Sold | ||
| Sold | |||
| Jul 10, 2023 | In contract | - | |
| In contract | |||
| Jun 29, 2023 | Listed by RE/MAX HOMELAND REALTORS | $759,000 | |
| Listed by RE/MAX HOMELAND REALTORS | |||
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Stunning Colonial in picturesque Millstone! This magnificent home is sure to please with 5 bedrooms, 2.5 baths, a true office on the first floor, finished third floor, gorgeous paver patio with built in grill & bar with granite counter tops. Both baths and kitchen have been remodeled in the last two years. Designer kitchen features white cabinets, quartz counters, subway tile backsplash, Thermador range and wine fridge. This inviting floor plan has a great flow, with an open concept kitchen, breakfast area and family room with fireplace for maximum enjoyment. Second floor has 5 bedrooms, 2 full baths, laundry room and the large master suite is complete with professionally outfitted walk-in-closet and spa-like bathroom featuring double sinks, soaking tub and shower. Throughout you will find beautiful decorative moldings, recessed lighting and even 9-ft ceilings on the first floor. As if all of this wasn't enough there is a third floor that is currently used as the TV/Rec room area but could serve as just about anything you'd want plus tons of useable storage space! There are two storage sheds and a whole home generator also included that further add to the endless amenities. This entire offering is set on a park-like parcel with spectacular nature views from every window, yet just minutes from shopping, great schools, major roadways and all of the beauty that Monmouth county has to offer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017