229 Sunset Drive
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 |
|---|---|---|---|
| Oct 1, 2015 | Sold | ||
| Sold | |||
| May 5, 2015 | Listed by RE/MAX at Barnegat Bay - Forked River | $247,500 | |
| Listed by RE/MAX at Barnegat Bay - Forked River | |||
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Immaculate 3 BR Ranch in the desirable Sunrise Beach section of Forked River, lovingly kept by original owner's! This beautiful home sits in the bend of the road, and backs up to the Game Farm for amazing wooded views and amazing privacy! Enter through the foyer into a Large Living Room that features sliding glass doors to the spacious deck and offers unending views of the woods. Dining Room has a bump out and can accomodate a large table for holiday gatherings. The Kitchen was expanded during the building plans, and is quite large with a generous amount of counter space and cabinets. Laundry room with storage and access to the 2 car garage with storage above. ALL 3 Bedrooms are generously sized. Master BR features a walk in closet, and full Master Bath with double vanity, warmer lamps, and window over the shower area. 2nd and 3rd Bedrooms offer double wide closets, and great windows. Well kept grounds, large deck, wooded views make this a fantastic choice!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017