18 BEACON DRIVE
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 |
|---|---|---|---|
| Sep 20, 2026 | Price Decreased |
$560,000
↓ $39K
(6.5%) | |
| Price Decreased | |||
| Aug 11, 2026 | Price Decreased |
$599,000
↓ $11K
(1.8%) | |
| Price Decreased | |||
| Jul 22, 2026 | Listed by BHHS Zack Shore REALTORS | $610,000 | |
| Listed by BHHS Zack Shore REALTORS | |||
| Jul 24, 2025 | Listed | $595,000 | |
| Listed | |||
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Breathtaking Bay Views from Beacon Drive!
Welcome to 18 Beacon Drive, a charming waterfront retreat on a large corner lot in Waretown. Enjoy unobstructed views straight down the lagoon to Barnegat Bay and the iconic Old Barney Lighthouse. This 2-bedroom, 1.5-bath home offers a thoughtfully renovated interior with a recently updated kitchen featuring granite countertops. The spacious living room flows seamlessly into a bright four-season room—perfect for year-round relaxation or entertaining. The primary bedroom boasts a generous walk-in closet, and the oversized deck and fenced yard provide the ideal setting for outdoor living. Whether you're seeking a weekend escape or year-round living, this home combines comfort, charm, and the best of coastal living.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017