216 Station Avenue
About This Property
Great expanded cape with 4 Bedrooms ( 3 up one down) and 3 Full baths. Large updated eat-in kitchen with granite tops and tons of cabinetry. Living room with fireplace. Formal dining room and den. Master Bedroom suite addition has volume vaulted ceilings, private egress to back yard pool area and giant walk-in closet. Ensuite second bedroom. Full partially finished basement. Large rear yard with built-n pool. New Roof 8/2021. Home is located approximately 1.5 blocks from the Pine Beach riverfront for easy access to all waterfront recreational areas. Don't miss out on becoming part of this great little community! Seller can accomodate a quick closing.
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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 |
|---|---|---|---|
| Nov 10, 2021 | Sold | ||
| Sold | |||
| Jun 26, 2021 | Listed by RE/MAX at Barnegat Bay | $445,000 | |
| Listed by RE/MAX at Barnegat Bay | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017