1231 Orlando Drive
About This Property
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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.
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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 |
|---|---|---|---|
| Jun 15, 2018 | Sold | ||
| Sold | |||
| May 2, 2018 | Listed by Childers Sotheby's Int Realty | $749,999 | |
| Listed by Childers Sotheby's Int Realty | |||
| Sep 2, 2017 | Listed | $949,900 | |
| Listed | |||
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Unbelievable bayfront lot (82x183) and location. Dock with jet ski & boat lift is over 120 feet long with direct access to Barnegat Inlet and the Atlantic Ocean within minutes. Fantastic boating water for boaters with larger boats/yachts. See Ol' Barney from your backyard. Entertainers delight with inground pool, hot tub, outside shower, outside bar, glass firepit with natural gas line and sitting area. The house is over 4,000 square feet with incredible room/bedroom sizes with views to match. Sunbathe, drink your coffee or throw an entire cocktail party outside on your huge second floor deck with full views of the bay & surrounding area. Master bathroom is over 150 square feet & features sauna and steam shower. Views from almost every room of the house. Make this your life today!
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| Jul 29, 2017 | Listed | $1,100,000 | |
| Listed | |||
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Magnificent BAYFRONT Contemporary with Breathtaking Views provides endless tranquility-120 Ft Dock & 2 Boat lifts.This 4,164 sqft 5 bed, 4 bath home in the Bayside Beach Section of Forked River.Wake up to Panoramic views of the Bay from every window.The home boasts a lg EI Kitchen,Vaulted Ceiling Family room w/ windows and sliders that lead to a 2 Tier deck. The top fl houses the Master Suite, WI Closet & M Bath w Sauna & Steam Shower w Full length windows on Bay side & 2 additional Bedrooms.The Spacious 1st Floor has a Kitchen/Bar area, Sitting Room & 2 additional lg Bedrooms(Could be Mother Daughter)or just great for entertaining. This all leads to a bottom Covered Deck sitting & eating area Hot Tub, Outdoor Bar overlooking the Heated Pool & Fire Pit. Plenty of Storage,Close to ShoppingThe manager has listed the unit size as 4164 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017