2B Walnut Street
About This Property
Welcome to Cedar Glen Homes. This active adult community is one of Ocean County's most affordable places to live. Open entering this home you will find a bright and spacious sunroom in the front of home, leading you to a family room and eat in kitchen. This unit has 2 bedrooms and 1 bath. Quiet and Quaint location close to
entrance/exit of the community.
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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 |
|---|---|---|---|
| Oct 30, 2023 | Sold | ||
| Sold | |||
| Aug 21, 2023 | Listed by Crossroads Realty Manchester | $95,000 | |
| Listed by Crossroads Realty Manchester | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About Ocean
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Last Updated: 7 months ago
Data Source: MOMMLS, MLS# 22323258
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