222 Shuster Avenue
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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 |
|---|---|---|---|
| Jan 26, 2018 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $475,000 | |
| Listed | |||
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OVER SIZED LOT BAYSIDE. Life is better at the Jersey Shore, become part of Ortley Beach's Renaissance. This newer built home is Fema compliant and features 4 bedrooms, 2 baths, 1 car garage and great storage in the basement. There is an extra room in the basement that could be multi functional. Ample storage space. There are 2 bedrooms on the main level and 2 bedrooms on a second level that has a sitting area with access to a very nice deck with distant bay views. Washer/dryer on second level. Home could easily have winter/summer rental capabilities while still retaining acomodations for homeowner.
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| Mar 9, 2017 | Listed by Weichert Realtors-Normandy Bch | $435,000 | |
| Listed by Weichert Realtors-Normandy Bch | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017