20 Florence 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 |
|---|---|---|---|
| Jun 4, 2021 | Sold | ||
| Sold | |||
| Apr 2, 2021 | Listed by RE/MAX The Real Estate Leaders | $254,900 | |
| Listed by RE/MAX The Real Estate Leaders | |||
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Welcome Home! Fabulous seashore colonial located in desirable Leonardo. Upon entering you will find a large living room filled with windows, eat-in kitchen, half bath/laundry room and a bonus room with slider door to deck. Upstairs you will find the master bedroom suite with walk-in closet and full bath. Nice private fenced in yard, deck to enjoy relaxing on and a shed for additional storage. This is a perfect starter home or condo alternative! Located 1 block from Leonardo State Marina. Perfect for commuters, Academy Bus Line is Nearby and the High Speed Ferry to NYC. Close to beach's and downtown Atlantic Highlands for shopping and dining. Desirable Middletown South High School! Come take a look today!
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| Sep 29, 2015 | Sold | ||
| Sold | |||
| Mar 30, 2015 | Listed by Heritage House Sotheby's International Realty | $172,000 | |
| Listed by Heritage House Sotheby's International Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017