23
Map
220 Lexington 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 |
|---|---|---|---|
| Aug 14, 2026 | Sold | ||
| Sold | |||
| Jul 23, 2026 | In contract | - | |
| In contract | |||
| Jul 13, 2026 | Listed by RE/MAX at Barnegat Bay | $295,000 | |
| Listed by RE/MAX at Barnegat Bay | |||
| Jul 19, 2024 | Sold | ||
| Sold | |||
| May 1, 2023 | Listed by RE/MAX at Barnegat Bay | $189,900 | |
| Listed by RE/MAX at Barnegat Bay | |||
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Attention Investors!! So much potential in this very affordable Mystic Shores home, that is ready for your personal touches & love! This ranch home is ready for new owners, and is located on a quiet street, with great neighbors, and includes a large garage, spacious living area, eat in kitchen, dining area, plus a screened in porch, overlooking some beautiful trees. Mystic Shores is a 55+ Community, featuring a recently renovated Club House, with library, kitchen, exercise room. Outdoor in ground pool, shuffle board, and bocce, You are just a short drive to the LBI beaches, Atlantic City and lots of local shopping and great restaurants.
This community has low fees, and lots of ongoing clubs and trips. Meet new friends, and make this community your own!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017