228 Edison Road
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 |
|---|---|---|---|
| Sep 28, 2018 | Sold | ||
| Sold | |||
| Sep 13, 2018 | No longer available | - | |
| No longer available | |||
| Aug 14, 2018 | Listed | $262,000 | |
| Listed | |||
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Serenity at the Shore! Welcoming waterfront home just couple minutes to Open Barnegat Bay from this lagoon front home with 75' of newer maintenance-free vinyl bulkhead. Spacious, Immaculate 3 bedroom, 1 bath home with one car garage features gorgeous brick fireplace with easy to use gas logs - no wood to carry I or mess to clean up (makes for cozy nights by the fireplace). eat in kitchen, large dining area, living room, large laundry/mud room, fenced yard, outdoor shower, stoned yard, large deck and screened in multi season room. Located on quiet cul-de-sac and directly across the street from Edwin B. Forsythe National Wildlife Refuge. The manager has listed the unit size as 1284 square feet.
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| Jun 14, 2018 | Listed by BHHS Zack Shore REALTORS | $262,000 | |
| Listed by BHHS Zack Shore REALTORS | |||
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Serenity at the Shore! Welcoming waterfront home a just couple minutes to Open Barnegat Bay from this lagoon front home with 75' of newer maintenance-free vinyl bulkhead. Spacious, Immaculate three bedroom, one bath home with one car garage features gorgeous brick fireplace with gas insert (great for cozy winter days and nights), eat in kitchen, large dining area, living room, large laundry/mud room, fenced yard, outdoor shower, stoned yard, large deck and screened in multi season room. Located on quiet cul-de-sac and directly across the street from Edwin B. Forsythe National Wildlife Refuge. Why pay to dock your boat at a marina when you can have it in your own backyard?
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017