119 Duchess Lane
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 |
|---|---|---|---|
| Jan 2, 2025 | Sold | ||
| Sold | |||
| Nov 14, 2024 | In contract | - | |
| In contract | |||
| Oct 28, 2024 | Listed by RE/MAX at Barnegat Bay | $719,900 | |
| Listed by RE/MAX at Barnegat Bay | |||
| Nov 12, 2015 | Sold | ||
| Sold | |||
| Sep 2, 2015 | Listed by USRealty.com, LLP | $425,000 | |
| Listed by USRealty.com, LLP | |||
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Totally renovated in 2008 with Anderson windows, Timberline roof, cedar clapboard siding, cathedral ceilings, Brazilian tiger wood solid wood flooring, ceramic tile and updated electrical system. The home also has a high efficiency Trane gas forced hot air system along with central air conditioning installed in 2010. Kitchen has granite countertops, cherry cabinetry, stainless steel appliances and ceramic tile flooring. Gas hookup available for gas stove.The great/living room has a gas fireplace, surround sound and a wood cathedral ceiling that opens up into the dining room with wainscotting. Crown molding in bedrooms, kitchen and baths. Plantation shutters thoughout the home. Attached 2 car extended garage. Professionally landscaped with paver block patio and walkways, decorative lighting and sprinkler system. No need to buy propane as there is a hookup for natural gas for your grill. Plenty of storage with a large full unfinished basement, attic space and a shed. This energy efficient home is easy to maintain. Great neighborhood and close to shopping, activities and the beach.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017