1409 Wallach 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 |
|---|---|---|---|
| Jun 21, 2023 | Sold | ||
| Sold | |||
| Jan 31, 2023 | Listed by RE/MAX New Beginnings Realty | $399,000 | |
| Listed by RE/MAX New Beginnings Realty | |||
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Trust the magic of new beginnings! Easy access to GSP & Route 9, a commuters paradise! Welcome home to this ranch w/ partially finished basement which sits on a 95X158 lot on a cul-de-sac street! Updated eat-in kitchen featuring a SS appliance package, granite countertops w/ bar seating & recessed lighting. Updated bath equipped w/ tiled tub shower. Enjoy the open space of the spacious backyard which includes a screened in patio. Central AC, HWBB heating, public water & sewer & attached oversized 1-car garage. Enjoy the convenience of living in the heart of Ocean County w/ the Ocean County Mall & restaurants all nearby! Call to see this today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017