2111 Discovery Way
About This Property
This 1.15-acre lot is located on the corner of Discovery Way and Cox Cro Road and features mature trees, Belgian block curbs, a driveway entrance on Discovery Way, and high-end homes all around. Utilities are readily available at the street, streamlining the building process and ensuring convenience for future homeowners.
Located in the heart of Toms River, residents of North Dover enjoy easy access to a plethora of amenities, including shopping, dining, entertainment, and top-rated schools. With nearby parks, beaches, and recreational opportunities, there's always something to explore and enjoy in this vibrant community. Don't miss your chance to own a piece of paradise in North Dover.
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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 |
|---|---|---|---|
| Aug 2, 2024 | Sold | ||
| Sold | |||
| Jun 10, 2024 | In contract | - | |
| In contract | |||
| Feb 21, 2024 | Listed by Real Broker, LLC | $590,000 | |
| Listed by Real Broker, LLC | |||
| Jun 9, 2021 | Sold | ||
| Sold | |||
| May 1, 2021 | Listed by Imperial Real Estate Agency | $329,000 | |
| Listed by Imperial Real Estate Agency | |||
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LOCATION LOCATION LOCATION! Build your dream home on this beautiful 1.15 acre lot in this popular neighborhood in Toms River. Lot is shovel ready with all utilities at the street. Driveway entrance is cut out on Discovery Way.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017