1227 Gemini Court
About This Property
bright and light kitchen with views of the lagoon will start and end your days when you are preparing meals while
overlooking the water. The white soft close cabinets are graced with a charcoal grey granite counter top with plenty of room for stools on the super large island that could double as your table or a ton of space for cooking and baking.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 6, 2026 | In contract | - | |
| In contract | |||
| Feb 6, 2026 | Sold | ||
| Sold | |||
| Oct 22, 2025 | Price Decreased |
$685,000
↓ $4K
(0.6%) | |
| Price Decreased | |||
| Sep 9, 2025 | Price Decreased |
$689,000
↓ $10K
(1.4%) | |
| Price Decreased | |||
| Jul 25, 2025 | Listed by C21/Action Plus Realty | $699,000 | |
| Listed by C21/Action Plus Realty | |||
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Waterfront Living at Its Finest! This beautifully renovated 3-bedroom, 2-bath lagoon front home is the perfect escape. Located just three streets from the open bay and only 10 minutes to the Barnegat Inlet. This property offers quick access to some of the best boating and fishing on the Jersey Shore. Set along a deep and wide lagoon, the home features a 50-foot vinyl bulkhead equipped with a swim ladder and boat whips, ideal for launching adventures. Inside, the open and flexible floor plan accommodates a variety of lifestyles—from cozy family living to entertaining in style. Recent renovations include new roof, siding, and windows .Stylish laminate flooring throughout. Designer kitchen with large center island, stainless steel appliances, and granite counters. Two fully updated bathrooms, new heating, air conditioning, and newer hot water heater. This move-in-ready home is a rare opportunity to enjoy the best of waterfront livingwhether as a full-time residence or the ultimate weekend retreat. Welcome to your slice of paradise!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017