121 Cartagena Drive
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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%.
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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 29, 2022 | Sold | ||
| Sold | |||
| Jul 1, 2022 | Listed by Keller Williams Realty West Monmouth | $699,900 | |
| Listed by Keller Williams Realty West Monmouth | |||
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ABSOLUTLEY STUNNING WATERFRONT 4 BDRM,2,5 BTH COLONIAL WITH 2 WRAP AROUND PORCHS RECENTLY REDONE, MADE OF COMPOSITE DECKING & 2 SETS OF STAIRS. NEW GOURMET KIT HAS WHITE SHAKER CABINETS, QUARTZ CNTRTPS, CENTER ISLAND & FRENCH DOORS. KIT LEADS TO A GRAND DIN RM & FAM RM WITH GAS FPLC. CROWN MOLDING THROUGHOUT. BEAUTIFUL WOOD GRAIN TILE ADORNS KIT, DIN RM & ENTRY. NEWLY RENOVATED SUNROOM HAS ALL NEW WINDOWS, SLIDING DOOR, NEW FANS & OVERLOOKS LAGOON! 3 NICE SIZE BDRMS PLUS MASTER SUITE WITH WIC PLUS ADD CLOSET, A GORGEOUS NEWLY REDONE PRVT BATH, DBL SINKS, RADIANT HEAT. DOORS LEADING TO WRAP AROUND DECK. THE BACKYARD WAS BUILT FOR ENTERTAINING WITH A BUILT IN BAR OVERLOOKING LAGOON, YOUR OWN BULKHEAD TO PARK YOUR BOAT & JET SKI LAUNCH. NEW TIMBERLINE ROOF, MUST SEE TO APPRECIATE!!
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| Feb 5, 2021 | Sold | ||
| Sold | |||
| Aug 21, 2020 | Listed by KeyTide Realty Group | $575,000 | |
| Listed by KeyTide Realty Group | |||
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Don't Miss this Beautiful Waterfront 4 Bedroom, 2.5 Bath Colonial with easy access to the Bay. This Home's 1st floor was completely renovated just over a year ago. The Gourmet Kitchen has beautiful White Shaker cabinets, Quartz countertops, Recessed lighting, & a spacious Island, perfect for cooking & entertaining. The kitchen leads into the grand dining room which opens to the family room. Other notable items are the new wood grain ceramic tile floors, crown molding, a Living room with gas fireplace & an all window Sunroom with a view of the lagoon. Upstairs we have 3 nice size bedrooms & a Master Suite with a walk in closet & Private bathroom with Double sinks. The backyard is built for entertaining with a wrap around deck & new composite decking & a built in Bar overlooking the Lagoon.
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| Jan 25, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017