1220 9th Avenue
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 25, 2019 | Sold | ||
| Sold | |||
| Nov 8, 2018 | Listed by Keller Williams Joe- Oz Real Estate Group | $279,900 | |
| Listed by Keller Williams Joe- Oz Real Estate Group | |||
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Completely Renovated 3 Bedrooms Ranch with Detached Garage, Full Basement and Walk-up Attic! Home features Rocking Chair Front Porch, Hardwood Floors, Updated Kitchen with Soft close cabinets, Quartz Counter-tops, Subway Tile Back-splash & Stainless Steel Appliances! Updated Bathroom and a large master bedroom with 2 closets! Plus Driveway, Large Yard, New Hot Water Heater, Furnace & A/C! Located just a couple of blocks from train station, downtown Bradley Beach and close to Asbury Park & Jersey Shore Hospital! Near local breweries & restaurants. Great Home near the shore, can close quickly!!
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| Mar 30, 2018 | Sold | ||
| Sold | |||
| Nov 13, 2017 | Listed by EXIT Realty East Coast Shirvanian | $124,900 | |
| Listed by EXIT Realty East Coast Shirvanian | |||
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About Neptune
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017