228 Toms River 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 |
|---|---|---|---|
| Jul 31, 2025 | Price Decreased |
$1,000,000
↓ $300K
(23.1%) | |
| Price Decreased | |||
| May 2, 2025 | Listed | $1,300,000 | |
| Listed | |||
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Welcome to this stunning, mansion-like residence offering over 4,900 square feet of refined living space. This 5-bedroom, 4-bathroom home is nestled on more than 3 acres, combining elegance, comfort, and privacy. As you arrive, you're welcomed by a charming wrap-around porch—perfect for relaxing and taking in the scenic surroundings. Inside, you'll find an eat-in kitchen with a center island and stainless steel appliances, ideal for both casual meals and entertaining. The family room features a beautiful stone fireplace surround, while the living room boasts custom built-ins for added character and functionality. Step outside to a fenced-in backyard with a patio—perfect for outdoor gatherings. Buyer to perform their own due diligence.
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| Oct 2, 2023 | Sold | ||
| Sold | |||
| May 31, 2023 | Listed by HomeSmart First Advantage | $999,999 | |
| Listed by HomeSmart First Advantage | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017