27
Map
157 Arthur 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 |
|---|---|---|---|
| Sep 27, 2025 | In contract | - | |
| In contract | |||
| Sep 18, 2025 | Listed by Coldwell Banker Realty | $1,965,000 | |
| Listed by Coldwell Banker Realty | |||
| Nov 14, 2024 | Listed | $1,965,000 | |
| Listed | |||
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Experience the epitome of coastal living with this stunning new construction, set to be completed by September 2025. Located just a short boat ride to LBI with easy open access to the open bay. Bridge free access, this property is a boater's dream.
This exquisite 5-bedroom, 3-bath home promises to impress from the moment you walk in. The open living concept has a dual-sided fireplace that elegantly separates the family room from a spacious 48 x 8-ft porch, ideal for enjoying evening sunsets.
Convenience is key with guest rooms and a study located on the 1st floor, while the top floor has 4 bedrooms. Primary bedroom is a retreat, boasting a spa-like ensuite bath and a private deck for tranquil mornings or evenings. Enjoy the ease of living with an
Elevator for easy access to the home.
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| May 14, 2024 | Listed | $1,965,000 | |
| Listed | |||
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Beautiful Coastal Living New Construction ready late 2024. Long Beach Island is just a short boat ride away! The Brand new 5 bedroom 3 bath home will not disappoint. Open Living Concept with a dual sided fireplace off the family room on to a 48 x 8'' porch. Perfect for a glass of wine outside on your deck in the cooler weather.Guest Rooms and Study on the main floor. 4 Bedrooms on the top floor. The Primary Bedroom has a spa like ensuite and private deck. The 2nd/3rd guest rooms also share a balcony as well.Take the elevator down from the Living quarters to kitchen or directly to your private 2 car garage . Customize your floors, finishes, and paint colors to make this home yours. WHO is ready to live the DREAM full time at the Jersey Shore!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017