239 Morris Boulevard
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 9, 2024 | Listed | $845,000 | |
| Listed | |||
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Whatever you need you may just find it here! This 4 Bedroom 2 full bath home offers a view and direct access to the lagoon that goes directly out to the bay. There's 66 feet of bulkhead, an oversized detached garage, a shed for extra storage, fenced rear and side yards, an outdoor vinyl shower with hot and cold running water that are just a few of the great features of this home. Great eat-in kitchen with granite counter tops, gorgeous hardwood flooring on the first floor and custom tile baths. The laundry is conveniently located in the 2nd floor full bathroom. There is a 2nd floor deck off of one of the bedrooms and also a deck off of the kitchen for your enjoyment. The Weber Grill is conveniently already hooked up to the natural gas line for easy grilling. Low maintenance vinyl siding.
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| Sep 10, 2024 | Listed | $845,000 | |
| Listed | |||
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Whatever you need you may just find it here! This 4 Bedroom 2 full bath home offers a view and direct access to the lagoon that goes directly out to the bay. There's 50 feet of bulkhead, an oversized detached garage, a shed for extra storage, fenced rear and side yards, an outdoor vinyl shower with hot and cold running water that are just a few of the great features of this home. Great eat-in kitchen with granite counter tops, gorgeous hardwood flooring on the first floor and custom tile baths. The laundry is conveniently located in the 2nd floor full bathroom. There is a 2nd floor deck off of one of the bedrooms and also a deck off of the kitchen for your enjoyment. The Weber Grill is conveniently already hooked up to the natural gas line for easy grilling. Low maintenance vinyl siding & bulkhead. There is a jet ski lift, as-is, current owner never used it so it may not be operating. Being sold as-is and partially furnished if the buyer so desires. Carefree Jersey Shore living. Great boating location close to the Bay Does NOT need to be raised, owner has the letter of No Substantial Damage. Seller is a NJ Licensed realtor. Seller pays $1266.95 for flood insurance. 24 hours notice needed please.
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| Dec 18, 2019 | Sold | ||
| Sold | |||
| Oct 1, 2019 | Listed by Greater Coastal Realty, inc. | $379,900 | |
| Listed by Greater Coastal Realty, inc. | |||
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Summer, YearRound or Investment with rental income. Cute and Cosy with GREAT views on private lagoon. Vinyl Bulkhead and dock with jet ski lift included. Gorgeous Hardwood floors. Granite kitchen and custom tile baths. Stainless Steel appliances. Newer Gas hot water baseboard heat. Ceiling fans and multiple A/C units. Detached oversized garage. Oversized lot close to the open bay.
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| Jul 27, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017