16 Cedar Knoll Road
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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 |
|---|---|---|---|
| Aug 11, 2024 | Price Decreased |
$699,000
↓ $51K
(6.8%) | |
| Price Decreased | |||
| Aug 7, 2024 | Price Decreased |
$749,900
↓ $35K
(4.5%) | |
| Price Decreased | |||
| Jul 31, 2024 | Listed | $785,000 | |
| Listed | |||
| | |||
|
**Price adjustment**Expanded ranch with full basement situated on a double lot, in the most sought after neighborhood in Toms River, Cranmoor. Located only two short blocks from the river. Beautiful landscaping on a corner lot.
Tastefully updated with a master suite and two additional bedrooms. Relax in the cozy living room with fireplace. Large deck perfect for entertaining. Plenty of storage in the full basement.
| |||
| May 14, 2012 | Sold | ||
| Sold | |||
| Mar 9, 2012 | Listed by ERA Central Realty Group | $569,900 | |
| Listed by ERA Central Realty Group | |||
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About Toms River
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Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21209298
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017