85 Meridian Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 9, 2021 | Sold | ||
| Sold | |||
| Mar 18, 2021 | Listed by KELLER WILLIAMS WEST MONMOUTH | $385,000 | |
| Listed by KELLER WILLIAMS WEST MONMOUTH | |||
| | |||
|
Beautiful 4 BR, 2 Bath Expanded Ranch in the Midstreams section of Brick! This well maintained home has new Hardwood flooring throughout! The LR features a large bow window, DR with Palladium window and stunning Archways leading into the DR and Kitchen! The enormous EIK has a dining area, breakfast bar, fireplace; great for entertaining with sliders out to the yard! The MBR En-Suite has a Vaulted Ceiling, two walk in closets and a Bathroom! The Basement has a finished Recreation area and another large area for storage! Meticulously maintained Backyard with Paver Patio and Matching Shed! This home also has an Attached 1 Car Garage with access to the yard! Not your Cookie Cutter Home And So Much Space Come See For Yourself! Convenient to Shopping, Beaches, Highways! Highest & Best By Mon 3/22 at 5:00
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017