13 8th Avenue
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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 |
|---|---|---|---|
| Jul 5, 2021 | Sold | ||
| Sold | |||
| May 18, 2021 | Listed by RE/MAX at Barnegat Bay - Forked River | $725,000 | |
| Listed by RE/MAX at Barnegat Bay - Forked River | |||
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OCEAN BLOCK - Opportunity knocks... located in the desirable Ortley Beach section of Toms River Twp. This ranch style home is less than 500ft to the white sands of the Jersey shore. Interior layout is mirror image - 2 bedrooms, 2 baths, kitchens and living rooms connected with a pocket door. Great set up for weekend getaways with guests. Real stone exterior with a large trex deck along front of home and a stone patio in the backyard provides plenty of outdoor entertaining space. Nestled among many recently improved homes on a beautiful street... your new lifestyle awaits!
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| Mar 26, 2021 | Listed by RE/MAX at Barnegat Bay | $725,000 | |
| Listed by RE/MAX at Barnegat Bay | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017