211 Compass Road
About This Property
Enjoy outdoor living with a rear deck that is ideal for relaxing or entertaining. Additional amenities include a storage shed and a greenhouse, perfect for gardening enthusiasts.
Conveniently located just minutes from local shopping, dining, medical facilities, and schools, this property combines ease with the pleasures of coastal living. Barnegat Bay, a great place to boat, fish, swim, or soak in some rays, is just a short distance away. Gas HVAC system Additionally, local hiking, biking, and camping spots in the Pinelands ensure there's always something exciting to do.
With GSP, Rt 9, and Rt 72 nearby, commuting is a breeze. Make 211 Compass Rd your haven in Ocean Acres, and enjoy the perfect blend of comfort, convenience, and outdoor fun.
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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 |
|---|---|---|---|
| Oct 11, 2024 | Sold | ||
| Sold | |||
| Sep 11, 2024 | In contract | - | |
| In contract | |||
| Jul 22, 2024 | Listed by Home Alliance Realty, LLC | $349,900 | |
| Listed by Home Alliance Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017