2 Stony Point 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 |
|---|---|---|---|
| Dec 13, 2021 | Sold | ||
| Sold | |||
| Nov 9, 2021 | Listed by RE/MAX at Barnegat Bay - Forked River | $429,900 | |
| Listed by RE/MAX at Barnegat Bay - Forked River | |||
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Beautiful large 2 bedroom ranch situated on a nicely landscaped half acre lot in Lovely Cranberry Hill, Lacey Township. This comfortable home will suit your needs; whether it be for empty nesters, or first time home buyers or someone who prefers not to be in an adult community. You will love the fireplace in the great room which is open to the kitchen which leads into a large 4 season sunroom. This home also has a formal dining area and living room. A 2 car garage and extra long driveway will accommodate all your vehicles.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017