1622 Joffre Road
About This Property
Nestled on a large corner lot, this property provides ample space for future enhancements. While the home does require some work and tender loving care, it presents a blank canvas for your imagination and renovation ideas.
Conveniently located close to Barnegat Lake, residents can enjoy easy access to a serene park and a beautiful beach.
Whether you're a savvy investor or a homeowner with a vision, this property presents a unique opportunity to create your dream home in a desirable location.
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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 |
|---|---|---|---|
| Apr 8, 2024 | Sold | ||
| Sold | |||
| Feb 29, 2024 | Listed by Crossroads Realty Inc-Lavallette | $199,000 | |
| Listed by Crossroads Realty Inc-Lavallette | |||
| Mar 31, 2021 | No longer available | - | |
| No longer available | |||
| Mar 23, 2021 | Listed | $149,900 | |
| Listed | |||
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Welcome to the dollhouse, Perfect fixer upper in the Barnegat Pines section of Forked River, This home sits on an 80'x100' corner property. The interior of the home will need to redone but it has many possibilities. The manager has listed the unit size as 624 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017