2 Longboat 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 |
|---|---|---|---|
| May 15, 2023 | Sold | ||
| Sold | |||
| Mar 26, 2023 | In contract | - | |
| In contract | |||
| Feb 24, 2023 | Listed by Vanguard Realty Group Inc | $299,400 | |
| Listed by Vanguard Realty Group Inc | |||
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If location is what you are looking for, then look no further than Longboat Ave, located in the desirable area of Settlers Landing in Barnegat. Perfect starter home or for a growing family. This spacious corner property offers three bedrooms, 1.5 baths, living room, kitchen, dining room, family room, laundry area, and one car garage. Host BBQs or family gatherings in the large yard. Close to antique shops, restaurants, hiking trails, and great schools, Barnegat Bay Beach. The Municipal park offers summer concerts, boat launching, and a fishing pier. Only minutes to Long Beach Island and 40 minutes to Atlantic City. Schedule your private tour and make this gem your home today. The property is being sold as-is. The buyer is responsible for all inspections, including but not limited to certificate of occupancy and fire inspection. Certain information contained herein is derived from information provided by other parties. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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| Nov 29, 2018 | Sold | ||
| Sold | |||
| Oct 25, 2018 | Listed by Keller Williams Realty West Monmouth | $99,900 | |
| Listed by Keller Williams Realty West Monmouth | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017