140 Commodore Road
About This Property
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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 15, 2022 | Sold | ||
| Sold | |||
| Apr 26, 2022 | Listed by RE/MAX at Barnegat Bay - Manahawkin | $319,900 | |
| Listed by RE/MAX at Barnegat Bay - Manahawkin | |||
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This is a great starter home or for anyone wanting to downsize. Just needs your personal touches. Oversized yard with privacy. 4 zone hot water baseboard gas heat along with a vent free, free standing gas fireplace. Kitchen features quartz counter tops. This is a great home in Ocean Acres with easy access to the Parkway, Beaches of LBI and shopping. Easy to show. Make your appointment today
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017