1404 Hilo Bay Drive
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 |
|---|---|---|---|
| Aug 18, 2022 | Sold | ||
| Sold | |||
| Jun 2, 2022 | Listed by Diane Turton, Realtors-Mule Road | $472,000 | |
| Listed by Diane Turton, Realtors-Mule Road | |||
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WATERFRONT AT ITS BEST. DIRECT ACCESS TO OPEN BAY AND BARNEGAT LIGHT CHANNEL NEWER BULKHEAD AND DOCK. Raised Ranch with open floor plan and cathedral ceilings. Kitchen, living room, dining area combination. Kitchen with breakfast bar for morning coffee. Sliding glass doors open to new 8ft by a 26ft trex deck with vinyl railings and retractable awning. Great spot to relax and enjoy summer mornings and to wind down the day in the late afternoon. 2 spacious bedrooms with ample closet space plus 2 newer baths. New Cortec flooring in all common areas. Attic with pull down stairs for added storage. Utility room with washer/dryer. A bonus room for den or company staying over to enjoy. Circular driveway to accommodate extra parking. Outside patio area. Shed. Meticulously maintained home. Vacation or year round living. Located to many shops, restaurants, area beaches, Atlantic City and Philly also Forked River Beach and Bay Front Park. Buy now, Be in for the Summer!
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| Jun 27, 2012 | Sold | ||
| Sold | |||
| Feb 11, 2012 | Listed by Weichert Realtors - Forked River | $284,500 | |
| Listed by Weichert Realtors - Forked River | |||
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***HUGE PRICE REDUCTION***Welcome home to this "SHORE HOUSE" located just minutes to the open bay. This home features an open floor plan with the kitchen in the center, 2 bed rooms, 2 baths and a den/office. All major appliances are newer and included. The bulkhead was replaced with vinyl in the past year. This home is just waiting for you and your boat. Dont miss the summer season, it is right around the corner.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017