797 State Route 34
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 |
|---|---|---|---|
| Oct 7, 2021 | Sold | ||
| Sold | |||
| Aug 2, 2021 | Listed by RE/MAX Central | $499,000 | |
| Listed by RE/MAX Central | |||
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Welcome home to this beautifully updated Bi-level home in the highly desirable Lochslea Heights in Matawan, NJ! This home boasts 4 spacious bedrooms, 3 updated full baths, a full sized garage & hardwood flooring throughout. Completely move-in ready and over $100K in upgrades - new deck, landscaping, new roof, new garage door, and new HVAC system, just to name a few! The open-concept kitchen features ceramic tile, granite countertops, newer cabinets, and stainless steel appliances. The second level has 3 bedrooms including the master bedroom with a full bath. The lower level has 1 bedroom, an additional full-sized living area, and a full bath - perfect for multigenerational living. The slider doors lead you to a huge private yard, and plenty of parking on the oversized driveway making it perfect for gatherings. 2 minutes from Lake Lefferts - a beautiful little lake for a serene family picnic and to kayak specially during summer. Close to shopping, restaurants, parkway & excellent Matawan schools!
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| May 13, 2019 | Sold | ||
| Sold | |||
| Dec 6, 2018 | Listed by C21/ Charles Smith Agency | $364,900 | |
| Listed by C21/ Charles Smith Agency | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017