1212 Manito Road
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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 4, 2017 | Sold | ||
| Sold | |||
| Feb 28, 2017 | Listed by Ward Wight Sotheby's International Realty | $654,000 | |
| Listed by Ward Wight Sotheby's International Realty | |||
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Southern exposure fills this home with natural light from every angle. Situated high enough to appreciate the rolling hills of Manasquan Shores from the 2nd floor. Enter the extended front porch into main foyer where you are met with a 2-story living room, soaring cathedral ceiling, w/ view of the upper landing. Let the kitchen be your gathering place; recently installed Frigidaire stainless steel appliances, center island with seating, abundant cabinet space and eat-in dining area opening up to a tranquil backyard landscape. Wide plank flooring extends throughout the home adding to the light and bright feel. The basement combines a large storage area and finished rec room with enough space for watching TV or shooting pool. Desired location in close proximity to beaches, parks, and town.
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| Aug 29, 2013 | Sold | ||
| Sold | |||
| Apr 13, 2013 | Listed by Diane Turton, Realtors-Wall | $650,000 | |
| Listed by Diane Turton, Realtors-Wall | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017