218 11th Avenue
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 |
|---|---|---|---|
| Apr 11, 2023 | Sold | ||
| Sold | |||
| Apr 9, 2022 | Listed by Berkshire Hathaway HomeServices Fox & Roach - Spring Lake | $2,150,000 | |
| Listed by Berkshire Hathaway HomeServices Fox & Roach - Spring Lake | |||
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New Construction less than 2 blocks to beautiful Belmar Beach!! Designed by Melillo Architecture and built by one of Monmouth County's premier home builders this 4 bedroom 3.5 bathroom custom residence is the epitome of Ocean living. This includes a gourmet kitchen with Sub Zero/Wolf Appliance package, Quartz countertops and large center island. Large open family room which flows perfectly for entertaining your guests. Third story recreation room allows for additional guests to gather. Custom carpentry and moldings throughout make this home truly magnificent. Select your own finishes to personalize your taste. Completion date of 2022. (Pictures of recently delivered home with similar finishes).
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| Apr 8, 2022 | Sold | ||
| Sold | |||
| Jul 1, 2021 | Listed by Berkshire Hathaway HomeServices Fox & Roach - Spring Lake | $995,000 | |
| Listed by Berkshire Hathaway HomeServices Fox & Roach - Spring Lake | |||
| Apr 8, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017