115 Paterson Road
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 3, 2019 | Sold | ||
| Sold | |||
| May 1, 2019 | Listed by Century 21 Action Plus Realty - Forked River | $225,000 | |
| Listed by Century 21 Action Plus Realty - Forked River | |||
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Adorable and Affordable! This beauty is in the desirable waterfront community of Pebble Beach, enjoying low, low Waretown taxes and a Barnegat mailing address! The superior water location ? seconds to the bay with no bridge restrictions ? makes it a boater's dream come true. Pebble Beach is directly across from the Barnegat Inlet for quick access to ocean boating. This ''just right sized'' home, newly painted (with 60' of vinyl bulkhead) is nestled on a cul-de-sac street and offers a kitchen with dining area, living room, sunroom wrapped in windows and bursting with sunlight, screened porch, two nicely sized bedrooms with new carpeting, full bath and laundry/utility room. Home is near the Barnegat Bay beach as well as the Municipal Dock, where you can spend summer Saturday evenings with family and friends listening to local bands playing into the night. 15 minutes door to LBI shore! NO SANDY DAMAGE!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017