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Map
1708 Florence Avenue
About This Property
The expanded eat-in-kitchen serves as the centerpiece of the home, offering ample room for casual dining, entertaining and everyday gatherings. Thoughtful updates throughout the house enhance both comfort and functionality.
Located just minutes from the beach and with easy access to NYC transportation, this home is ideal for commuters and beach lovers alike. Best of all, the property is located in Zone X, so flood insurance is not required, offering added peace of mind and potential savings.
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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 |
|---|---|---|---|
| Aug 7, 2026 | Sold | ||
| Sold | |||
| Jun 25, 2026 | In contract | - | |
| In contract | |||
| Jun 19, 2026 | Listed by Keller Williams Realty West Monmouth | $525,000 | |
| Listed by Keller Williams Realty West Monmouth | |||
| Apr 24, 2017 | Sold | ||
| Sold | |||
| Nov 3, 2016 | Listed by RE/MAX Imperial | $269,900 | |
| Listed by RE/MAX Imperial | |||
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Everything you could want in one package!! Completely redone from the flooring up! Just unpack and move in to this 3 bedroom home in Union Beach!! This tastefully redone ranch has a brand new kitchen with granite counter tops, ceramic tile flooring, stainless steel appliances. Plus new hardwood flooring, furnace, hot water heater, bathrooms, siding, windows, and carpeting! All rooms are very spacious and the flow of this home makes it perfect for entertaining!! Close to public transportation, shopping and restaurants. Can accommodate a quick closing! BE in for the holidays!!!NO HOME LIFTING REQUIRED!! NO FLOOD INSURANCE NEEDED!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017