1407 8th Avenue
About This Property
The perfect starter home or summer home! This home has been completely updated and is move in ready! Nothing to do but unpack! Beautiful hardwood floors outline the home and the spacious living room features a brick fireplace. Newly updated within the last 5-10 years includes Furnace, Central Air, Oil to Gas Conversion, Windows, Roof, Paver Patio, Refinished Wood Floors, Moldings, and more! Too many upgrades to list. Enjoy your morning coffee on the front porch or cuddle up next to the fireplace in the winter. Short bike ride to the beach and booming Asbury Park!
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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 10, 2020 | Sold | ||
| Sold | |||
| Apr 21, 2020 | Listed by EXP Realty | $200,000 | |
| Listed by EXP Realty | |||
| Mar 14, 2014 | Sold | ||
| Sold | |||
| May 15, 2013 | Listed by RE/MAX The Real Estate Leaders | $149,900 | |
| Listed by RE/MAX The Real Estate Leaders | |||
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Don't miss out on this one! This could be your new sea shore paradise! This home has been completely updated and is MOVE IN READY! Nothing to do but unpack! New in the last 4 years: Furnace, Central Air, Oil to Gas Conversion, Windows, Roof, Paver Patio, Refinished Wood Floors, Moldings, and more! Too many upgrades to list. Enjoy your morning coffee on the front porch or cuddle up next to the fireplace in the winter. Short bike ride to the beach and booming Asbury Park!
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About Neptune
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Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22012907
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017