116 Arborridge Drive
About This Property
This stunning home offers a open floor plan, with 12 ft ceilings in entry foyer, formal DR, front office/3rd bedroom and 10 ft. ceiling throughout the rest of the house.
Enjoy cooking in your gourmet kitchen with 42in. white cabinetry with pull outs, under cabinet lighting, crown & lightrail molding & cabinet pantry.
Oversized island in kitchen seats 5 comfortably.
Stainless steel dishwasher, 5 burner cooktop, wall oven/microwave, garbage disp, upgraded granite and granite backsplash complete this fabulous kitchen pkg.
Large master bedroom with tray ceiling, oversized WIC. Masterbath offers large stall shower with seat, extended tile to ceiling, seamless glass shower doors, and double vanity. Enjoy holidays and family dinners in your formal diningroom with decorative lighting, and crown moldings.
This home also has a walk up attic in your 2 car garage for addl. storage.l
Entertain on the paver patio (40 x 15) in your backyard.
This home offers upgrades galore including professional landscaping, blinds and custom cornices in familyroom, epoxy flooring in garage there are too many upgrades to list.
This gated community offers many amenities including outdoor pool, beautiful clubhouse and activities. Enjoy this great little shore town and everything Lacey Twp. has to offer.
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Cap Rate Calculator
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 1, 2021 | Sold | ||
| Sold | |||
| Oct 12, 2020 | Listed by Crossroads Realty, Inc | $475,000 | |
| Listed by Crossroads Realty, Inc | |||
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Welcome to 116 Arborridge DR. Forked River located in Lacey's newest adult community Sea Breeze at Lacey. This Lehigh Manor model is an absolute MUST SEE!! This stunning home offers 12ft ceilings in foyer, formal DR, front office/3rd bedroom and 10ft ceiling throughout rest of the house. Enjoy cooking in your gourmet kitchen with 42in white cabinetry with pullouts, under cabinet lighting, crown & lightrail molding & cabinet pantry. Oversized island in kitchen seats 6 comfortably. Stainless steel dishwasher, 5 burner cooktop, wall oven/microwave, garbage disp, upgraded granite and granite backsplash complete this fabulous kitchen pkg. Large master bedroom with tray ceiling, oversized WIC. Masterbath offers large shower stall with seat, seamless glass shower doors, extended tile to ceiling and double vanity. Entertain on your pavered patio 40x15 and professionally landscaped yard. this home has too many upgrades to mention, from pavers, to custom window treatments, lighting and epoxy flooring in garage as well as walk up attic for addl. storage. Come enjoy life at the shore!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017