116 W Plover Way
About This Property
House is on leased-land which can be a write-off if the house is rented seasonally.
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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 |
|---|---|---|---|
| Sep 18, 2023 | Sold | ||
| Sold | |||
| Jun 25, 2023 | Listed by Ocean Beach Sales | $409,000 | |
| Listed by Ocean Beach Sales | |||
| Dec 3, 2018 | No longer available | - | |
| No longer available | |||
| Sep 7, 2018 | Listed | $249,900 | |
| Listed | |||
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Ocean Beach 3 - Raised and Renovated in 2015 this charming beach home is the perfect getaway for family fun at the Jersey Shore. The beautiful driftwood looking laminate floor throughout has a great look, is waterproof and easy to keep clean. The vaulted ceilings and beachy colors and decor add to the charm and make the main living area spacious feeling. The oak cabinets and new appliances make cooking a breeze. Washer and dryer in place as well. 40 gallon water tank for all those showers. New vinyl siding and 200 amp service means easy maintenance for a long time. Good rental income if you choose to rent. This is leased land. FEATURED LISTING The manager has listed the unit size as 500 square feet.
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| Apr 28, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017