224 Mirage Boulevard
About This Property
The primary suite features a walk-in closet, and a luxurious bath with double vanities . A comfortable second bedroom with a walk in closet and full bath make the perfect retreat for guests. Storage is plentiful with seven closets, including two walk-ins. The home also inculdes a generator to insure power in the event of a outage.
Impressive from the minute you drive into the gated community and see the 23,000 sq. foot clubhouse surrounded by the lake with fountains a gazebo, putting green, in doorr heated pools, tennis, pickle ball and bocce courts. You're sure to find something to do inside the clubhouse that offers billiards, ceramic, cards, ballroom, library and exercise room. Only minutes to Barnegat Bay, fishing, shopping, Long Beach Island and a short ride to A/C.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 18, 2026 | Sold | ||
| Sold | |||
| Jan 3, 2026 | In contract | - | |
| In contract | |||
| Oct 1, 2025 | Listed by RE/MAX at Barnegat Bay | $525,000 | |
| Listed by RE/MAX at Barnegat Bay | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017