1005 1st Avenue
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 |
|---|---|---|---|
| Oct 16, 2020 | No longer available | - | |
| No longer available | |||
| Sep 18, 2020 | Price Decreased |
$360,000
↓ $15K
(4%) | |
| Price Decreased | |||
| Sep 9, 2020 | Relisted | $375,000 | |
| Relisted | |||
| Aug 15, 2020 | In contract | - | |
| In contract | |||
| Jun 30, 2020 | Listed | $375,000 | |
| Listed | |||
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This home is move in ready with a list of updates to enjoy! Completely renovated in 2018 w/a brand new Roof, Flrs, 2 Full Baths, fresh neutral tone paint & more. This is one you don't want to miss out on! Plus the location can't be beat! In the Heart of Wall Twp just minutes from local attractions in West Belmar & only seconds from the beach. The perfect Summer getaway or all year round retreat! LR is a great size with the attached Full Bath that features the Landry hookup. Kitchen w/a sun soaked dining nook & views of the yard. Not to mention the sleek updated look it boasts w/brand new cabinetry, counters, subway tile backsplash & SS Appliances! All 3 BRs are a great size. Master BR is STUNNING! Soaring Cathedral Wood Paneled Ceilings & a stone F/P for those chillier nights. Gorgeous HW The manager has listed the unit size as 1297 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017