148 COMPASS ROAD
About This Property
Step inside to a bright, open floor plan highlighted by high ceilings and a stylish corner fireplace, creating a warm and inviting atmosphere. The home features a brand-new kitchen, fully renovated bathrooms, and new flooring throughout, all thoughtfully designed for today's lifestyle.
Outdoors, enjoy your own private retreat with an in-ground pool, a fully fenced backyard, and a new vinyl picket fence enclosing the front yard. The heated two-car garage includes walk-up storage, offering plenty of additional space.
Conveniently located just minutes from Long Beach Island, regional shopping, and popular restaurants, this home also provides easy access to the Garden State Parkway, making it ideal for commuters.
The home includes paid solar with a power purchase agreement in place, helping keep monthly utility expenses impressively low (subject to credit approval).
This is a rare opportunity to own a move-in-ready home in one of the area's most desirable neighborhoods. Schedule your private showing today
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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 |
|---|---|---|---|
| Apr 24, 2026 | Sold | ||
| Sold | |||
| Feb 12, 2026 | In contract | - | |
| In contract | |||
| Jan 16, 2026 | Listed by Keller Williams Realty - Atlantic Shore | $650,000 | |
| Listed by Keller Williams Realty - Atlantic Shore | |||
| Nov 14, 2025 | Sold | ||
| Sold | |||
| Oct 22, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017