1346 Laurel Boulevard
About This Property
Great View of the Barnegat Bay, Lighthouse and a short ride to Island Beach State Park, Tice's Shoal, LBI and a quick ride to the inlet and right out to the ocean to enjoy your day fishing. Seller has plans for this great lot and can be made available. 3,000 sq. ft plan. lot is 107 ft on the water. x 103 x77x117
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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 |
|---|---|---|---|
| Dec 10, 2024 | Sold | ||
| Sold | |||
| Dec 4, 2024 | In contract | - | |
| In contract | |||
| Jul 29, 2024 | Listed by VRI Homes | $739,950 | |
| Listed by VRI Homes | |||
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Spectacular land parcel at in the prestigious Newport Bay development. This gorgeous lot offers a rare opportunity to build your bayfront sanctuary. Imagine waking up to breathtaking sunrises over Barnegat Bay, with the LBI lighthouse standing sentinel in the distance. There is a 107 ft. waterfront on the open bay with a new bulkhead (2013)
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| Feb 10, 2021 | Sold | ||
| Sold | |||
| Dec 1, 2020 | Listed by RE/MAX at Barnegat Bay | $499,000 | |
| Listed by RE/MAX at Barnegat Bay | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017