85 Ravine Drive
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 |
|---|---|---|---|
| Jul 2, 2021 | Sold | ||
| Sold | |||
| Apr 28, 2021 | Listed by Keller Williams Realty West Monmouth | $434,900 | |
| Listed by Keller Williams Realty West Monmouth | |||
| | |||
|
AS YOU DRIVE DOWN THE ROAD PAST BEAUTIFUL LAKE LEFFERTS, YOU WILL SEE THIS ABSOLUTELY CHARMING 3 BEDROOM 3 BATH CAPE WITH FINISHED BASEMENT. UPON ENTERING YOU WILL NOTICE THE CHALET FEEL WITH CATHEDRAL CEILINGS MADE OF WOOD PLANKS THAT ADORN THE LIVING RM RM AS WELL AS BEAUTIFUL HARDWOOD FLOORS, A COZY PELLET BURNING STOVE& SLIDERS TO A DECK & NICE SIZE YARD. BEAUTIFUL NEWER KITCHEN HAS GRANITE CNTRTPS & SS APPLIANCES. LARGE DIN RM, 2 NICE SIZE BDRMS ON THE FIRST LVL, ONE WITH A PRIVATE 3/4 BATH PLUS ADD FULL BATH ON THE 1ST LVL. ON THE 2ND LVL, YOU WILL BE ABLE TO OVERLOOK THE LIV/DIN RM WITH AN OPEN FLOW. THERE'S SOME SPACE FOR A DESK AREA, AS WELL AS A NURSERY, A FULL BATH & MASTER BDRM. BONUS FINISHED BSMT, TILED & FRESHLY PAINTED. PLENTY IF YARD SPACE, PLUS DECK & SHED. GARAGE AND DRIVEWAY FOR 2 OR MORE CARS. HEATING, AIR , HW HEAT & ROOF ALL WITHING 5 YEARS OLD. ENJOY LAKE LEFFERTS DOWN THE ROAD WHERE YOU CAN RENT A KAYAK, CANOE OR JUST FISH!
CLOSE TO TRAIN & SHOPPING!
| |||
| Jan 26, 2017 | Sold | ||
| Sold | |||
| Nov 27, 2016 | Listed by Formula Realty, LLC | $389,000 | |
| Listed by Formula Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017