237 Bay Shore 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 |
|---|---|---|---|
| Sep 5, 2026 | In contract | - | |
| In contract | |||
| Aug 19, 2026 | Listed by RE/MAX at Barnegat Bay | $1,200,000 | |
| Listed by RE/MAX at Barnegat Bay | |||
| May 30, 2019 | Sold | ||
| Sold | |||
| Jan 15, 2019 | Listed by RE/MAX The Real Estate Leaders | $434,900 | |
| Listed by RE/MAX The Real Estate Leaders | |||
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Boater's Delight! Spacious Cape Cod style home set on a triple lot. 120 feet of bulkhead and over half an acre in Ocean Township. Only one turn between you and Barnegat Bay and a straight shot to the ocean.
A spacious tiled foyer welcomes you to this remarkable open concept home with breathtaking views of the lagoon. Relax or entertain guests in the large and inviting living room, which features a spectacular picture window. Meal preparation is a breeze in the bright eat-in kitchen complete with plenty of cabinetry and an eat-at peninsula. Enjoy formal meals in the adjacent dining area. With oversized sliding doors and a stone façade gas fireplace, the great room will become your favorite place to relax and entertain. Sliding doors lead to a cathedral ceiling sun room with wall-to-wall, floor-to-ceiling windows and access to the dock. Two sunny bedrooms are opposite an immaculate full bath. Upstairs, there is an additional bedroom, full bathroom, and ample closet space. In addition, there is a bonus room, ideal as an office, playroom, or media room.
There is an attached two car garage for your vehicles and storage needs. The extra detached garage has room for all your extras and would make a fantastic cabana! There is plenty of parking for all your guests or off-season storage. Just add your vision and make this home a truly unforgettable retreat.
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| Oct 11, 2018 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017