20 Pennsylvania 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 |
|---|---|---|---|
| Sep 13, 2021 | Sold | ||
| Sold | |||
| Jul 20, 2021 | Listed by RE/MAX at Barnegat Bay - Manahawkin | $375,000 | |
| Listed by RE/MAX at Barnegat Bay - Manahawkin | |||
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Stunning mother daughter in a waterfront community with over 2972 sqft of living space !!! This home has been completely renovated offering newer roof, windows, siding, 2 zone ac ,2 zone hot water baseboard heat, granite counters, recessed lighting, stainless steel appliances, security system, custom tile work in all the bathrooms. Everything has been upgraded including plumbing and electrical. This is a TRUE mother daughter or an income property. Main entry into this rancher offers 3 bedrooms 1.5 half baths, living room. dining room, family room and a separate room off kitchen that could be used as an office, French doors that opens to an elevated deck overlooking the protected woods behind the property . The walk out basement entry under the deck enters into living room , kitchen area with full stainless steel package, custom bath and additional 3 bedrooms. There is a 2 story shed that can hold or your belongs. Across from Marinas and walking distance to stores makes this a perfect location. Did I mention your kids will attending the number 1 school in Ocean County? Yes Southern reginal high school. Minutes to LBI. Priced to sell NOW!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017