1504 Bayview Avenue
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 |
|---|---|---|---|
| Apr 24, 2020 | Sold | ||
| Sold | |||
| Feb 14, 2020 | Listed by RE/MAX at Barnegat Bay - Ship Bottom | $865,000 | |
| Listed by RE/MAX at Barnegat Bay - Ship Bottom | |||
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Public Open Houses on Saturday 2/15 /20 from 12-3pm and Sunday 2/16/20 from 11-2pm. Come see this newly renovated Barnegat Light beauty located directly across the street from the bay with phenomenal water views. Just blocks from Viking Village and directly across the street from a full service marina, this fully furnished and turnkey 5 bedroom, 3 full bath 2,200 sq ft bayview home was thoughtfully redesigned and brought up to date with all new features including: hardwood floors throughout, a brand new kitchen with all stainless steel appliances, moon white granite countertops, new custom white shaker cabinets, and tastefully appointed backsplash. The kitchen spills out to the great room with high vaulted ceilings, a gas fireplace, and large eating area. The ground floor level is high and dry above base flood elevation and offers a 2nd family gathering room w/ wet bar as well as 2 bedrooms and 1 beautifully designed full bath. Outside has a pavered patio as well as brand new outdoor shower. The large front driveway allows for plenty of parking as well as a great spot to dry dock your boat. And don't forget the front entry 2 car garage that provides plenty of space for storage. With 5 weeks already booked for the summer of 2020 this can be a great investment or an opportunity to offset those carrying costs.
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| Nov 7, 2019 | No longer available | - | |
| No longer available | |||
| Sep 4, 2019 | Listed | $865,000 | |
| Listed | |||
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Barnegat Light on Prestigious LBI...Beautiful remodeled home (2019) located in charming fishing village with gorgeous views of Barnegat Inlet. Watch the fishing boats cruise in and out of the ocean...Fish off of the pier in BL Park...walk or bike to shops, restaurants, and the Lighthouse!!! Don't miss the chance to see this custom home perfect for large family, extended family and friends. Summer rentals for 2019 $4200. a wk. Take a look at the wonderful pictures and call with any questions. The manager has listed the unit size as 2248 square feet.
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| Aug 22, 2018 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017