23 Spring Street
About This Property
Where else in Ocean County can you find a home for this price?
Featuring 2 bedroom 1 Full Bath Cape-style home, includes modern Eat-in Kitchen on 1st Level and spacious Living/Dining Room + large Master Bedroom & Full Bath. 2nd Level bedroom + Bonus room . Crawlspace , gas heat , Gas HWT. Septic & Well. Detached oversized garage with electric, great for storage. 100 x 90 lot. Great deal!!
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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 24, 2026 | Sold | ||
| Sold | |||
| Jul 21, 2026 | In contract | - | |
| In contract | |||
| Jul 6, 2026 | Listed by RE/MAX On the Move Realty | $325,000 | |
| Listed by RE/MAX On the Move Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017