116 Barnegat Beach 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 |
|---|---|---|---|
| Aug 6, 2021 | Sold | ||
| Sold | |||
| Jun 3, 2021 | Listed by RE/MAX at Barnegat Bay - Forked River | $369,000 | |
| Listed by RE/MAX at Barnegat Bay - Forked River | |||
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Custom Waretown Shore Home. This 4 bedroom, 2 bath home has a open floor plan, skylights, gas BB heat, large wrap around deck plus roof top fiberglass deck with bay views. Full appliance package included and large family room. Close to bay/beach, marinas and playground with picnic area. This is a great home for a summer get away. Won't last! Call for your private tour today!!
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| Feb 3, 2017 | Sold | ||
| Sold | |||
| Nov 2, 2016 | Listed by RE/MAX at Barnegat Bay - Manahawkin | $239,900 | |
| Listed by RE/MAX at Barnegat Bay - Manahawkin | |||
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Easy living at The Shore! Quality, move-in ready home in the highly sought-after section of Barnegat Beach! 4 bedroom, 2 bath custom home with open floor plan, updates and upgrades throughout. Windows, roof, siding, and systems are all under five years old! Recently painted and new flooring and carpeting throughout! This home is perfect for entertaining with an open floor plan, large kitchen, living room, dining room with sliders leading out to one wraparound deck AND a rooftop deck with miles of bay views perfect for watching summer fireworks! Large lot with oversized shed on a concrete slab with plenty of storage and a short walk to the community bay beach/playground/picnic area. This community offers bargain discounted boat slips to it's members in their marina and hosts many activities, parties and functions. Great home in a great neighborhood at a great price!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017