116 Lighthouse 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 |
|---|---|---|---|
| Mar 3, 2023 | Sold | ||
| Sold | |||
| Jan 27, 2023 | Listed by Exit Realty Jackson NJ | $329,900 | |
| Listed by Exit Realty Jackson NJ | |||
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This Welcoming, updated expanded ranch has lots to offer. The front door opens to a large family room/formal dining room. The kitchen has been remodeled with new cabinets, black stainless-steel appliances and a Smart refrigerator. In addition, the large living room is a great space for family and entertaining. There are radiant floors throughout the home, laundry room, updated bathroom, and a tankless hot water heater. The front of the house has a cute front porch and the back has a back porch and a covered patio area. Spacious back yard provides lots of opportunity for family gatherings. Check out this property for yourself!
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| Feb 18, 2021 | Sold | ||
| Sold | |||
| Dec 8, 2020 | Listed by Weichert Realtors-Ship Bottom | $269,900 | |
| Listed by Weichert Realtors-Ship Bottom | |||
Property Highlights
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About Ocean Acres
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,950 /mo
- 3 Beds
- 2 Baths
- 1,944 ft²
$3,000 /mo
- 2 Beds
- 1 Bath
- 2,848 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017