208 Wave Road
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 18, 2018 | Sold | ||
| Sold | |||
| Nov 27, 2017 | Listed by RE/MAX at Barnegat Bay - Manahawkin | $225,000 | |
| Listed by RE/MAX at Barnegat Bay - Manahawkin | |||
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Don't miss this move in ready 3 bed 2 bath ranch in Ocean Acres. You will love all the natural light in this home from the large living rm w/bay window & 2 skylights to all the natural light in the eat in kitchen w/sliders to enjoy the deck of the over sized backyard. Nice sized master bedrm complete w/full bath. So many options are available with the 3rd bedrm. This nice sized rm is complemented by a bonus rm. The versatility of this rm is endless. You will understand why this is the favorite rm in the house with the cathedral ceilings and natural light. New laminate flooring and carpeting, newer roof and leased solar panels adding to the engery efficiency of this home. Call today to see for yourself all this home has to offer.,Oil Tank Above Ground
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017