201 Ceylon 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 |
|---|---|---|---|
| Jul 28, 2022 | Sold | ||
| Sold | |||
| Jun 10, 2022 | Listed by Keller Williams Shore Properties | $424,000 | |
| Listed by Keller Williams Shore Properties | |||
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Welcome to this beautiful Pelican Island home! The home features 3 bedrooms, one full bath with amazing water views of Barnegat Bay! You will be greeted by high vaulted ceilings and a gorgeous floor to ceiling wood burning fireplace. Newly freshened kitchen, a detached one car garage and a storage shed for all of your water toys, including an outdoor shower. Home is a 4 minute car ride to the beach and just a 7 minute bike ride! Pelican Island also features a private beach and clubhouse with optional membership. You do not want to miss out! Come and put your personal touch on this beauty!
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| Nov 4, 2020 | Sold | ||
| Sold | |||
| Aug 22, 2020 | Listed by Crossroads Realty Inc-Lavallette | $319,000 | |
| Listed by Crossroads Realty Inc-Lavallette | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017