10 2nd Street
About This Property
The basement is huge. Its the full footprint of the house, and the floor and walls are sealed and dry. The garage floor is also sealed and the nicely paved drive allows for additional parking. Vinyl Anderson windows. Deck has full cement pad and electric set up for a hot tub. Easy to care lot and landscape, and maintenance free exterior. Situated nicely between Beaver Dam and the Metedeconk Rivers. NOT IN A FLOOD ZONE.... And convenient to Windward Park, and of course a short drive to the Ocean, Pt. Pleasant Boardwalk, Shopping, Restaurants, and all major arteries to NYC as well as the train station.
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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 20, 2019 | Sold | ||
| Sold | |||
| Jul 15, 2019 | Listed by Berkshire Hathaway HomeServices Fox & Roach - Manalapan | $384,900 | |
| Listed by Berkshire Hathaway HomeServices Fox & Roach - Manalapan | |||
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Shore To Please,Beautiful, Upgraded
Princeton Ave Beauty! 3 BR 2.5 BA Col w Full Bsmt & Garage.Inviting Porch, Leaded Glass Entry, New Chef's Dream Kitchen w 42'' Cream Cabinets,Marble Backsplash,Granite Ctrs,Stainless Appl
Dining Area w Butlers Pantry & Wine Ref.New 1/2 Bath, New Woodlook Tile Flrs & W/W. 1 Year HMS BUYERS HOME WARRANTY! Close to Windward Beach, Stunning Riverviews! Maint Free ext: Vinyl siding, timberline roof, gutter guards, Andersen windows w/ screens, double wide paved driveway. Central air & gar heat. Beautiful deck, and low maintenance treed lot. Interior is painted in today's colors, beach theme throughout. Too many upgrades to list, must see
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| Jul 19, 2016 | Sold | ||
| Sold | |||
| May 4, 2016 | Listed by Weichert Realtors-Brick | $335,000 | |
| Listed by Weichert Realtors-Brick | |||
Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Ocean
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017