172 5th Avenue
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 |
|---|---|---|---|
| Aug 28, 2020 | Sold | ||
| Sold | |||
| Jul 6, 2020 | Listed by RE/MAX Gateway | $259,000 | |
| Listed by RE/MAX Gateway | |||
| | |||
|
Ranchtastic!! Come take a look at this charming 2 bedroom, den and 1.5 bath expanded ranch. Features include all new hardwood flooring,eat-in kitchen with peninsula, a newer hot water heater and furnace, central air, recessed lighting and updated electric, a driveway for 2 cars, a fully fenced yard and side deck with plenty of room for get togethers. Also, newer vinyl siding and windows, ceiling fans and storm doors. Outside, a Timberline roof, a large storage shed and cozy front porch. Located in a super quiet neighborhood only minutes from Jersey Shore University Medical Center. Easy access to major highways such as 33, 18 and GSP. Only a short bike ride / scooter to the beaches. Come take a look. You won't be disappointed at this price point.
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| Feb 22, 2019 | Sold | ||
| Sold | |||
| Dec 5, 2018 | Listed by C21/ Lawrence Realty | $199,900 | |
| Listed by C21/ Lawrence Realty | |||
Property Highlights
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About Downtown Neptune City
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017