18
Map
16 Martin Drive
About This Property
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Cap Rate Calculator
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 21, 2026 | Listed by Weichert Realtors-Sea Girt | $29,900 | |
| Listed by Weichert Realtors-Sea Girt | |||
| Jul 16, 2018 | Sold | ||
| Sold | |||
| Jun 5, 2018 | Listed by Real Estate, LTD | $8,500 | |
| Listed by Real Estate, LTD | |||
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55+Community>Pine Ridge at Crestwood. Must see!This home offers 2 bedrooms,1 full bath,very large living room with newer carpeting,Huge eating kitchen with plenty of cabinets space,ceramic floors & full appliances included washer & dryer.Newer vinyl windows easy to clean to clean,central air.large front porch.This is a move in condition home waiting 4 new owner''SOLD AS IS''Always first come first serve.$ 640 lot rent includes property tax,association fee,snow removal,garbage pick up,lawn maintenance,club house,community bus.Trip to Atlantic City & much more!Home is minutes away to Toms River,Seaside,Shopping Stores,Mall,Restaurant,Medical CREDIT BACKGROUND CHECK REQUIRED BY PINE RIDGE ASSOCIATION.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017