23 Robin Lane
About This Property
The owner has replaced the roof, HVAC system including central air conditioning, and the hot water heater, providing peace of mind for years to come. Conveniently located within walking distance of Acme and other nearby shopping.Experience the carefree lifestyle at Heritage Bay, a vibrant active adult community with amenities designed for recreation and relaxation. Residents enjoy an outdoor swimming pool, clubhouse with card rooms, fitness center, and bocce courts. Ideally located near the Garden State Parkway, shopping, medical facilities, and a variety of restaurants, this home also provides easy access to the beautiful beaches of Long Beach Island, with Atlantic City just a short drive away. Enjoy the very best of the Jersey Shore lifestyle
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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 |
|---|---|---|---|
| Aug 20, 2026 | Sold | ||
| Sold | |||
| Jul 24, 2026 | In contract | - | |
| In contract | |||
| Jul 2, 2026 | Listed by RE/MAX at Barnegat Bay | $375,000 | |
| Listed by RE/MAX at Barnegat Bay | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017