1129 Cape May 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 |
|---|---|---|---|
| Feb 7, 2013 | Sold | ||
| Sold | |||
| Oct 18, 2012 | Listed by Coldwell Banker Riviera Realty, Inc. | $250,000 | |
| Listed by Coldwell Banker Riviera Realty, Inc. | |||
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This is a fantastic opportunity to own an affordable waterfront home in desirable Lacey Township! This 3 bedroom, 1 bath ranch features an open floor plan that includes a living room area, dining room area and kitchen. High ceilings, multiple windows, skylights and sliding doors add to the spacious and bright feeling of this home. The third bedroom features a large closet or can be an office. The vinyl bulkhead is 3-4 years young. Come see for yourself!
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Property Highlights
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About Forked River
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$2,900 /mo
- 3 Beds
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- 1,180 ft²
$2,850 /mo
- 3 Beds
- 1 Bath
- 813 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017