109 E Delaware Drive
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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 |
|---|---|---|---|
| Dec 17, 2021 | Sold | ||
| Sold | |||
| Aug 5, 2021 | Listed by Coldwell Banker Riviera Realty | $270,000 | |
| Listed by Coldwell Banker Riviera Realty | |||
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BACK ON MARKET - 60x100 WATERFRONT! VINYL BULKHEAD! POSSIBLE 5 BEDROOM! (2 bedrooms need closets) POSSIBLE MOTHER/DAUGHTER! Wonderful open floor plan with kitchen, dining room, 2 bedrooms and full bath on bottom floor. Second floor has 3* bedrooms *(2 just need closets) with a master bedroom that has a walk out sliding door onto a large out door deck which provides an additional separate outside entrance! Deck is prepped and ready for either wood or vinyl planking. Stainless steel appliances, tankless hot water. Outside features a vinyl bulkhead with ramp and floater for your boat, stoned property for super easy maintenance and a large shed to hold all your boat toys! GREAT BOATING LOCATION! Per owner Flood insurance only $1600 a year! New flooring installed in the living room, dining area and foyer. Perfect for all the all your friends and family!
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| Aug 3, 2020 | Sold | ||
| Sold | |||
| Jan 5, 2020 | Listed by RE/MAX at Barnegat Bay | $165,000 | |
| Listed by RE/MAX at Barnegat Bay | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017