181 Nautilus Drive
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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 |
|---|---|---|---|
| Dec 2, 2022 | Sold | ||
| Sold | |||
| Sep 27, 2022 | Listed by BHHS Zack Shore REALTORS | $325,000 | |
| Listed by BHHS Zack Shore REALTORS | |||
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Welcome home to this charming 3 BR, 2 BA ranch home situated on a treed lot w/ new roof & double driveway in Ocean Acres. Some updating has been done but this home can use your finishing touches. Relax by the fireplace in the large living room which offers lots of windows for natural light & recessed lighting. The kitchen has plenty of white cabinetry & a large counter overlooking the dining area. Both bathrooms have been remodeled w/ modern vanities, fixtures & flooring & there is a separate laundry room off of the kitchen which includes built-in cabinets for storage. An oversized yard provides for family gatherings or a quiet space for your morning coffee. Located only minutes from the GSP, schools, shopping & LBI beaches, this home is perfect for year-round living or a shore retreat!
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About Ocean Acres
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017