225 Fort Avenue
About This Property
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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 |
|---|---|---|---|
| Jun 15, 2023 | Sold | ||
| Sold | |||
| Mar 17, 2023 | Listed by Keller Williams Realty West Monmouth | $650,000 | |
| Listed by Keller Williams Realty West Monmouth | |||
| Feb 17, 2023 | No longer available | - | |
| No longer available | |||
| Jul 27, 2022 | Price Decreased |
$700,000
↓ $50K
(6.7%) | |
| Price Decreased | |||
| Jul 9, 2022 | Listed by Keller Williams Shore Properties | $749,999 | |
| Listed by Keller Williams Shore Properties | |||
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ORTLEY BEACH ~ This is the one to call home! Bayside 2 story Colonial located on a quiet block but still in walking distance to the beach, restaurants & bayside sunsets. This move in ready home features 3 spacious bedrooms, 2.5 baths, ample living & dining space. Kitchen access to your maintenance free, fenced in yard with deck space for morning coffee, or to host family get togethers & BBQs. ''Schedule a showing today!''
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017