211 Bay Beach Way
About This Property
This home has been lovingly renovated, where needed and has presently been used as a family home and rental property for some time. It is now ready for its new owners and whether they choose to totally reconstruct it or maintain it as it is. It is truly a unique location just a shot block from the ocean beach and also to the open bay. With a LAVALLETTE address and taxes, it is a Gem! And a Forever home.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 11, 2020 | Sold | ||
| Sold | |||
| Nov 3, 2019 | Listed by Keller Williams Shore Properties | $775,000 | |
| Listed by Keller Williams Shore Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017