1 Spindrift Road
About This Property
Prepare to indulge in the epitome of coastal living as you experience the serenity and charm of this remarkable home in Ortley Beach.
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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 |
|---|---|---|---|
| May 22, 2024 | Sold | ||
| Sold | |||
| Feb 22, 2024 | Listed by Weichert Realtors-Forked River | $950,000 | |
| Listed by Weichert Realtors-Forked River | |||
| Aug 1, 2023 | No longer available | - | |
| No longer available | |||
| Jun 9, 2023 | Listed by Weichert Realtors-Middletown | $995,000 | |
| Listed by Weichert Realtors-Middletown | |||
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Welcome to this beautiful residence nestled in picturesque Ortley Beach, boasting breathtaking views of the bay. The property enjoys a desirable location that promises a remarkable lifestyle. This home presents an abundance of space and comfort, with five generous bedrooms and two and a half tastefully designed bathrooms. As you step inside, you'll be greeted by a spacious living room that offers a perfect setting for relaxation and entertainment. The kitchen is nicely updated, showcasing elegant granite countertops and modern stainless steel appliance. A notable feature is the outdoor elevator/lift, providing convenience and accessibility for residents of all ages. Whether you're seeking a delightful summer retreat or year-round living, this home offers the versatility to suit your needs Convenience is key, with a washer/dryer conveniently located on the main level and an additional set in the garage area. Embracing a corner lot, this residence presents ample outdoor living space, allowing you to bask in the natural beauty of the surroundings.
Prepare to indulge in the epitome of coastal living as you experience the serenity and charm of this remarkable home in Ortley Beach. The manager has listed the unit size as 1450 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017