1004 Hawaii Drive
About This Property
Stunning waterfront custom home with 200+ feet of bulkhead.This home offers modern upgrades & breathtaking river views.1st floor features:cathedral ceilings,living room,dining room,full bath,& kitchen,leading to a large wraparound deck.Upstairs,the master BR opens to a private balcony with panoramic river views.Extras:2 ample-sized BR,loft area,and an enclosed lower level with abundant storage.Outdoor amenities:indoor/outdoor full bath,new SS outdoor kitchen,full bar,and a fully fenced backyard.Extras include 2-zone central air,radiant heated tile floors,smart home technology,and a tankless water heater.Access to Forked River,Barn Bay,plus a dock for multiple boats, this moveinready home offers luxury and comfort for a Jersey Shore lifestyle.
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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%.
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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 13, 2024 | Sold | ||
| Sold | |||
| Jul 2, 2024 | In contract | - | |
| In contract | |||
| Jun 25, 2024 | Listed by EXP Realty | $749,900 | |
| Listed by EXP Realty | |||
| Sep 2, 2022 | Sold | ||
| Sold | |||
| Jun 1, 2022 | Listed by Statewide Realty & Property Management LLC | $685,000 | |
| Listed by Statewide Realty & Property Management LLC | |||
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Lifted Waterfront Custom Home 3 Bedroom 2 Bathroom. Large master bedroom suite with oversized walk in tile shower featuring 12 shower heads and private balcony over looking Forked River. Large loft area, ideal for a home office or extra sleeping room for guests. Downstairs offers open concept living and large wraparound deck, great for entertaining. Dock has plenty of room for your boats. House is hard wired with Cat6, coax, and surround sound in the living room. Home features radiant heat throughout, central air, and a tankless water heater. Outdoor shower for those awesome beach days ahead!
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About Forked River
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Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22417907
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017