22 Captains Drive
About This Property
Beautiful custom built home with gorgeous bayview and open floor plan will immediately captivate you. The custom kitchen will make any chef happy. This home boasts beautiful hardwood floors and staircase. Most rooms have a beautiful view of the bay and bridge as well. Large master suite has a balcony overlooking the water. Walk outside to a lovely built in salt water pool overlooking the bay and a fabulous new dock to put your boat or to just relax and fish. This home has a riparian license which renews every 7 years. Home was remodeled 15 years ago. This home is a must see and will not last.
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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 12, 2019 | Sold | ||
| Sold | |||
| May 24, 2019 | Listed by Realty One Group Emerge | $799,000 | |
| Listed by Realty One Group Emerge | |||
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About Toms River
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Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21921042
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017