821 Buchanan Boulevard
About This Property
Adjacent to the kitchen is a large eat-in area filled with natural light leading to the deck. The main floor also includes a versatile family/flex room, currently used for additional dining, powder bath, and laundry area with direct access to the 2-car garage, as well as additional exit to the exterior. Upstairs includes 3 generously-sized bedrooms alongside the master suite with walk-in closet and private bath. Located within the Nutswamp Elementary, Thompson Middle, and Middletown South school district and moments from the vibrant hub of downtown Red Bank, this home offers unparalleled convenience to dining, shopping, the Garden State Parkway, the ferry, Red Bank & Middletown train stations and the beach. Don't let this opportunity to become a part of this remarkable Middletown neighborhood slip away. Schedule your showing today!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 13, 2024 | Sold | ||
| Sold | |||
| Apr 5, 2024 | Listed by C21 Thomson & Co. | $869,000 | |
| Listed by C21 Thomson & Co. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017