22 Bayview Drive
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 |
|---|---|---|---|
| Oct 7, 2018 | No longer available | - | |
| No longer available | |||
| Oct 2, 2018 | Sold | ||
| Sold | |||
| Sep 5, 2018 | Listed | $160,000 | |
| Listed | |||
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This is a lagoon/canal waterfront lot in the nice residential area of Barnegat Beach. A beautiful location for your dream home. The Bulkhead is in good condition and it is priced competitively well under the assessed value. The sewer lateral has been installed which will save dollars on the dwelling construction. This lot is minutes to the Barnegat Bay and convenient to local shopping, restaurants, entertainment and Route 9 and the Garden State Parkway for commuting. This buildable lot is being sold with the buyer responsible for all due diligence and government approvals. The lot size and dimensions were taken from the township tax records. Come, See and Make An Offer!
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| May 1, 2018 | Listed by Pacesetter Realty | $160,000 | |
| Listed by Pacesetter Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017