16 Olive Street
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 |
|---|---|---|---|
| May 10, 2023 | Sold | ||
| Sold | |||
| Mar 9, 2023 | Listed by Compass New Jersey, LLC | $525,000 | |
| Listed by Compass New Jersey, LLC | |||
| Jun 15, 2017 | Sold | ||
| Sold | |||
| Mar 16, 2017 | Listed by RE/MAX Elite | $310,000 | |
| Listed by RE/MAX Elite | |||
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With 3 bedrooms, 1 full bath on the 2nd floor and 1 bedroom, 1 full bath on the 1st floor, this updated and well kept home is well worth it. Kitchen boasts sliders to deck, maple cabinetry, breakfast nook, Silestone counters, ceramic back splash, ceramic tile floor, stainless appliances and recessed lighting. Hardwoods in Dining and Living rooms. Massive master bedroom has sitting area and sliders to private 2nd story deck. Timberline roof, central air and 2 zone heat. Fully fenced in private yard with very pretty landscaping, large 33x12'deck, detached garage and shed. Located in a quaint private section of Neptune close to Shark River Park, beaches, shopping and major roadways.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017