140 SUNSET LN
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 |
|---|---|---|---|
| May 30, 2024 | Sold | ||
| Sold | |||
| May 20, 2024 | In contract | - | |
| In contract | |||
| Mar 17, 2024 | Listed by Keller Williams Real Estate - Princeton | $3,500,000 | |
| Listed by Keller Williams Real Estate - Princeton | |||
| Jun 30, 2021 | Sold | ||
| Sold | |||
| May 12, 2021 | Listed by RE/MAX Revolution | $2,799,900 | |
| Listed by RE/MAX Revolution | |||
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COMING SOON. Showings begin 5/20.
Welcome home to this incredible ocean front property in South Mantoloking.
Live every day with these amazing ocean views. This home offers 5 bedrooms, 2 full &, 2 half baths & an outdoor cedar shower. The main level has an open floor plan, with a kitchen, w/ a large center island, that opens to the living and dining areas. Plus, there is an additional family room, that opens to the covered porch. The outdoor space is all anyone really needs, as the porch leads to the new, elevated deck- plenty of room to catch some rays from the sun. Enjoy the incredible sunrises from the master suite & 2nd bedroom. 3 additional bedrooms complete the 2nd floor. Located in the South Mantoloking Beach Association, a very private beach w/ lifeguards. SUMMER IS HERE.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017