92 Bingham Avenue
About This Property
Rumson. Walk to schools, shopping,restaurants. Minutes to NY Ferry, train station & beach. Lovingly cared for w/ many updates, this home has kept many of its original woodwork. The eat-in kitchen with newer oak cabinets and granite counter-tops opens to the deck for outdoor enjoyment of this serene backyard. The 1st fl office can be used as 4th bdrm.The 1st floor is completed with a spacious 1/2 Bath, easily converted to a full Bath, laundry, former dining room, living room and a 3-season porch. Upstairs are 3 bedrooms, a full bath and walk-up attic. The deck overlooks a patio and the picturesque fenced in back yard extending to the back street where you will find the entrance to the garage, 4-car parking spaces and a shed.
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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 |
|---|---|---|---|
| Nov 3, 2020 | Sold | ||
| Sold | |||
| Jul 7, 2020 | Listed by Berkshire Hathaway HomeServices Fox & Roach -Westfield | $729,500 | |
| Listed by Berkshire Hathaway HomeServices Fox & Roach -Westfield | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017