8634 Rumson
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 |
|---|---|---|---|
| Aug 28, 2017 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $499,000 | |
| Listed | |||
| | |||
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Newly renovated home. Savor your evenings in the fully updated gourmet chefs kitchen boasting beautiful new cabinets, and outfitted with luxurious quartz and shimmering state of the art stainless steel appliances. The masterpiece kitchen has an open layout with eat in area making it an entertainers dream. Abundant natural light flows throughout the home, boasting large upgraded picture windows. A beautiful master retreat with ample closet space is complemented by an ensuite bathroom. The manager has listed the unit size as 1161 square feet.
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| Jul 13, 2017 | Listed by Keller Williams | $498,980 | |
| Listed by Keller Williams | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017