$380,000
●
House -
Off Market
742 Lorraine Drive
Keyport, NJ 07735
3 Beds
1 Bath
$385,487
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model
About This Property
This wonderfully kept 3 bedroom ranch in Keyport is the one you
have been waiting for. House has a large eat in kitchen with
a with a breakfast bar and stainless steel appliances. A
large family room with fireplace. Three generously sized
bedrooms with two of them having 9 foot ceilings. An amazing
oversized yard with an additional lot. All the big ticket
items have been addressed newer hvac system, a new tankless
hotwater heater, 30 year timberline room that is about 7 years old.
Brand new white vinyl fence around the whole yard.
Minutes to downtown keyport and a nice waterview at the end
of the street. This one will not last.
Unit Size
-
Days on Market
144 days
Land Size
0.16 acres
Price per sqft
-
Property Type
House
Property Taxes
$590
HOA Dues
-
Year Built
1965
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 6 months ago (MOMLS #22124899)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 20, 2021 | Sold | ||
| Sold | |||
| Jul 29, 2021 | Listed by Coldwell Banker Realty | $349,900 | |
| Listed by Coldwell Banker Realty | |||
| May 25, 2017 | Sold | ||
| Sold | |||
| Feb 26, 2017 | Listed by Heritage House Sotheby's International Realty | $264,900 | |
| Listed by Heritage House Sotheby's International Realty | |||
| | |||
|
This well maintained ranch home in a great location features a double lot and will not disappoint you. Recently updated kitchen with newer stainless steel appliances, pendant lighting over breakfast bar opens into the dining room with hardwood floors.The bright living room features a brick surround wood burning fireplace, and hardwood floors. Just some of the features include a spacious master bedroom,eight and nine foot ceilings, all new doors, newer furnace and a new 2 year old central A/C system (Lennox XC14). The expansive fenced backyard is great for summer entertaining. Large storage shed for your yard equipment. Only minutes from the the Aberdeen/Matawan Train station,and GSP this home is perfect for NYC Commuters.
| |||
| Aug 15, 2012 | Sold | ||
| Sold | |||
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Property Highlights
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Cliffwood Beach
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Listed by: Matthew Gregorin, Coldwell Banker Realty
Last Updated: 6 months ago
Data Source: MOMMLS, MLS# 22124899
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 6 months ago
Data Source: MOMMLS, MLS# 22124899
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017