135 Larch Drive
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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 |
|---|---|---|---|
| Sep 10, 2025 | Sold | ||
| Sold | |||
| Aug 7, 2025 | In contract | - | |
| In contract | |||
| Jul 30, 2025 | Price Decreased |
$415,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Jul 16, 2025 | Listed by Nest Seekers New Jersey LLC | $425,000 | |
| Listed by Nest Seekers New Jersey LLC | |||
| | |||
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Welcome to 135 Larch Drive, a charming ranch-style home located in the sought-after Silverton area of Toms River. This 3-bedroom, 1-bath residence offers a thoughtfully designed floor plan featuring a spacious eat-in kitchen, dual-entry full bathroom, and an attached garage complete with a versatile workshop space. The expansive lower level is nearly finished and sectioned into a comfortable living area, bonus room perfect for a home office/gym, and a bar/lounge area—plus dedicated laundry and storage space. Step outside to enjoy a fully fenced yard with a deck, a beautiful garden gazebo, and a wide driveway offering ample parking. All this, just minutes from local beach clubs, shopping, dining, and more, plus, no flood insurance required!
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| Aug 8, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017