1514 Bee Way
About This Property
Both neighbor to right and left have Gas, conversion should be easy.
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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 24, 2017 | Sold | ||
| Sold | |||
| May 4, 2017 | Listed by RE/MAX at Barnegat Bay - Forked River | $190,000 | |
| Listed by RE/MAX at Barnegat Bay - Forked River | |||
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Great buy, near the lake, blocks to the park for the kids, this ranch features 3 bedrooms and 1and 1/2 baths, over sized shed that has stored a car in it, plus one car garage all on 100 x 100 lot. Double sized pantry and hard wood floors thru out. Home is in good condition but updating this property will add huge value to it, the home is priced based on the updating needed, a great buy for only one buyer.Gas is at both neighbors homes ( Right and left )and conversion from electric to gas should be an easy conversion.
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About Ocean
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Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21717968
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017