113 Illinois Avenue
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 |
|---|---|---|---|
| Jul 22, 2026 | Listed by Redfin Corporation | $600,000 | |
| Listed by Redfin Corporation | |||
| Jun 2, 2022 | Sold | ||
| Sold | |||
| Mar 3, 2022 | Listed by C21/ Action Plus Realty | $510,000 | |
| Listed by C21/ Action Plus Realty | |||
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Enjoy the panoramic views of Barnegat Bay & Lighthouse from this 3 BR, 3 bath home located across the street from the bay.
Unique layout - ideal for related family living. Kitchen & living rm areas on 1st & 2nd floors. Extra large attached two car garage, with ample parking for cars and boats on extra large paver driveway + additional asphalt single driveway on west side of house. Two zone gas hwbb heat, CAC on 2nd floor. Specialty walk in bath tub with jets on second floor. Hot tub included. Upper and lower decks. Storage shed, inground sprinkler system off well. Original owners selling. Orig bungalow was built in 1956, with several additions through the years.
flood insurance quote as low as $483.64
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017