112 Monterey Drive
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 |
|---|---|---|---|
| Jan 3, 2025 | Sold | ||
| Sold | |||
| Nov 13, 2024 | In contract | - | |
| In contract | |||
| Nov 4, 2024 | Listed by RE/MAX Revolution | $1,200,000 | |
| Listed by RE/MAX Revolution | |||
| Sep 5, 2018 | Sold | ||
| Sold | |||
| Jun 27, 2018 | Listed by RE/MAX Real Estate LTD. | $219,900 | |
| Listed by RE/MAX Real Estate LTD. | |||
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Incredible Location!!!! This 50x100 Waterfront Lot located in sought after Baywood section of Brick Twp is awaiting its new owner!!! Newer 50 Ft Bulkhead. Only 2 Minutes from Open Bay, it's literally a straight shot to the Bay. There are many great elements close by. You have the Baywood Marina just around the corner, you can enjoy a Bike ride up the road at the Shore Woods Bicycle Path, you can relax & sail at the Shore Acres Yacht Club or shoot some hoops at the Brand new Angela Hibbard Park. Build your dream home today and enjoy all the benefits of the Jersey Shore! Close to Shopping, Major Transportation, & only 20 Minutes from Lavallette.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017