234 Algonquin Trail
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 |
|---|---|---|---|
| Jan 5, 2021 | Sold | ||
| Sold | |||
| Sep 15, 2020 | Listed by VRI Homes | $269,000 | |
| Listed by VRI Homes | |||
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Tastefully and stylishly renovated custom 4 bedroom 1 full bathroom spacious home in a great family neighborhood in lacey Township. Features include hardwood floors throughout, open concept living on the first level through the living room, dining room and new kitchen complete with white cabinets, quartz counter tops, Center Island, stainless steel appliances, and classic tile back splash, recessed lighting, 2 bedrooms upstairs and 2 bedrooms and a full bathroom downstairs, nice size deck out the back sliding door that has a beautiful view of the barnegat lake. New roof, appliances and fresh paint throughout. Make your arrangements to see this home today!
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| Jul 24, 2020 | Sold | ||
| Sold | |||
| Jan 2, 2020 | Listed by RE/MAX at Barnegat Bay | $165,000 | |
| Listed by RE/MAX at Barnegat Bay | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017