$385,000
●
House -
Off Market
8 Davis Lane
Red Bank, NJ 07701
4 Beds
2 Baths
$666,051
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model
About This Property
NEW to the market! Clean as a whistle 4 bedroom River Plaza
expanded Cape has 2 full baths and finished basement. Updated
kitchen with granite, stainless gas range and counter seating.
Dining area has a cathedral ceiling with Frank Lloyd Wright design
leaded glass window. French doors open to an expansive deck and
pretty fenced yard. Spotless, updated baths. Hardwood floors.
Basement has a 24 foot finished recreation room, laundry, workbench
and still has tons of storage. Central air. Walk to River Plaza
Elementary school. Desirable Middletown South High School. Walk to
Red Bank, with its sidewalk cafes, restaurants, films, live music
and street festivals. One mile to parkway or train.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$508
HOA Dues
-
Year Built
1953
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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: 3 years ago (MOMLS #21600967)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 31, 2021 | Sold | ||
| Sold | |||
| Dec 2, 2020 | Listed by Keller Williams Realty Ocean Living | $474,900 | |
| Listed by Keller Williams Realty Ocean Living | |||
| | |||
|
A rare opportunity to move into this much sought after River Plaza neighborhood! Expanded cape w/ 4 bedrooms, 2 full recently renovated baths, beautiful living room, sunny eat in kitchen w/ expanded dinning area and access to deck, hardwood floors, and plantation shutters throughout. Finished basement , utility room. Professionally landscaped fenced in yard- great for entertaining w/ deck. PRIME location, less than a mile to GS Parkway, train station (NJ Transit), bus, hospital, marina. Minutes to ferry. Attend South Schools- walk into Red Hot Red Bank - restaurants, shopping, bars, galleries, theaters,(Count Basie & 2 River), breweries and much more.
| |||
| Jan 20, 2020 | No longer available | - | |
| No longer available | |||
| Oct 21, 2019 | Listed | $435,000 | |
| Listed | |||
| | |||
|
Charming, updated 4BR/2BA River Plaza expanded Cape in great neighborhood close to Red Bank, train, GSP & more. Newer kitchen with breakfast bar and high ceiling plus French doors to spacious deck and fenced yard. Hardwood floors throughout. Updated baths. Finished basement with ample entertaining space plus plenty of storage. River Plaza Elementary, Thompson Middle, Middletown HS South schools. Nearby downtown Red Bank offers wonderful dining, film, theater, music, farmers market and great shopping. Plus nearby Swimming River, Shadow Lake and public parks. Easy commute via train, bus or Garden State Parkway.
| |||
| May 6, 2016 | Sold | ||
| Sold | |||
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About Monmouth
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Listed by: Susan McLaughlin, Keller Williams Realty East Monmouth
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21600967
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: 3 years ago
Data Source: MOMMLS, MLS# 21600967
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