1062 Sailor Drive
About This Property
Basement. The home features a Formal Living Room, Dinning Room, Eat-In Kitchen, Family Room/Den. If needing a 4th
Bedroom either the Dinning Room or the Den could easily be turned into one. All the Bedrooms are large giving each family
member ample space. The Master Bedroom has a walk-in closet and full bath. Out back entertain your friends on the two tier
deck with an above ground pool. Not too many homes on this size of a lot come to the market that often in Ocean Acres. There's
a park nearby, easy access to the GSP and award winning schools make this home the one!
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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 |
|---|---|---|---|
| Mar 15, 2017 | Sold | ||
| Sold | |||
| Jan 21, 2017 | Listed by RE/MAX at Barnegat Bay - Manahawkin | $274,900 | |
| Listed by RE/MAX at Barnegat Bay - Manahawkin | |||
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Sitting on an over-sized deep lot in the Ocean Acres community of Stafford Twp. is this 3 Bedroom 2.5 Bath Colonial with a Full Basement. The home features a Formal Living Room, Dinning Room, Eat-In Kitchen, Family Room/Den. If needing a 4th Bedroom either the Dinning Room or the Den could easily be turned into one. All the Bedrooms are large giving each family member ample space. The Master Bedroom has a walk-in closet and full bath. Out back entertain your friends on the two tier deck with an above ground pool. Not too many homes on this size of a lot come to the market that often in Ocean Acres. There's a park nearby, easy access to the GSP and award winning schools make this home the one!
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About Ocean Acres
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Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21702486
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017