15
Map
1024 3rd Avenue
About This Property
Buyer is responsible for conducting all due diligence regarding zoning, approvals, utilities, building requirements, permits, and any other governmental or municipal requirements. An undersized lot variance will be required in order to develop the property. Buyer shall be solely responsible for obtaining all approvals and variances necessary for their intended use.
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Cap Rate Calculator
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 7, 2026 | Price Decreased |
$135,000
↓ $44K
(24.6%) | |
| Price Decreased | |||
| Aug 21, 2026 | Price Decreased |
$179,000
↓ $6K
(3.2%) | |
| Price Decreased | |||
| Aug 4, 2026 | Price Decreased |
$185,000
↓ $10K
(5.1%) | |
| Price Decreased | |||
| Jul 9, 2026 | Listed by Real Broker, LLC- Toms River | $195,000 | |
| Listed by Real Broker, LLC- Toms River | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017