1040 Montauk Drive
About This Property
Rare find located on the ''Serene'' Stout's Creek near the mouth of the BAY. Views of both the BAY and the natural preserve. Enjoy -Sunrises and Sunsets. A bird watchers delight, and Fisherman's dream. Not to mention Eagle sightings. This Cape- Split style home offers, hardwood floors, granite counters, vaulted ceilings, and cozy fireplace. Perfectly designed and tastefully done. AMPLE Windows, ENORMOUS wrap around decks, and did I mention the Views. Vinyl Bulkheading, garage with a workshop area and attic storage. Maintenance free stone landscaping so all your time can be spent enjoying this hard to find location. Hurry, this location is priceless!
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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 |
|---|---|---|---|
| Apr 30, 2021 | Sold | ||
| Sold | |||
| Feb 7, 2021 | Listed by RE/MAX at Barnegat Bay | $679,900 | |
| Listed by RE/MAX at Barnegat Bay | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017