15
Map
2111 Patton 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 |
|---|---|---|---|
| Nov 21, 2025 | Sold | ||
| Sold | |||
| Oct 17, 2025 | In contract | - | |
| In contract | |||
| Sep 10, 2025 | Listed by Coldwell Banker Flanagan Realty | $287,000 | |
| Listed by Coldwell Banker Flanagan Realty | |||
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Discover the charm and potential in this 2-bedroom, 1-bath cottage/bungalow which sits on an oversized 80x100 street-to-street lot, giving you room to grow, expand, or create your own backyard oasis. Perfect for a first-time buyer ready to stop renting or an investor searching for a strong rental or flip, this home offers endless opportunity. Located in an East Dover neighborhood, you're just minutes from Jersey Shore beaches, waterfront dining, marinas, shopping, and the Garden State Parkway for an easy commute. With its prime lot and unbeatable location, this bungalow is more than a home—it's a smart investment in the heart of Toms River.
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| Aug 17, 2025 | Listed by Coldwell Banker Flanagan Rlty | $298,000 | |
| Listed by Coldwell Banker Flanagan Rlty | |||
| Feb 26, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017