24 OUTSAIL AVENUE
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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 |
|---|---|---|---|
| Jul 24, 2024 | Sold | ||
| Sold | |||
| Jul 2, 2024 | In contract | - | |
| In contract | |||
| Jun 29, 2024 | Relisted | $598,190 | |
| Relisted | |||
| Apr 4, 2024 | Listed by D.R. Horton Realty of New Jersey | $598,190 | |
| Listed by D.R. Horton Realty of New Jersey | |||
| Feb 22, 2024 | Listed by D. R . Horton Realty of Atlantic County LLC | $590,190 | |
| Listed by D. R . Horton Realty of Atlantic County LLC | |||
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**Ready Now!** The Eastover at 24 Outsail Ave. is a stunning new construction home featuring 2,169 square feet of living space with 4 bedrooms, 2.5 baths and a 2-car garage with an unfinished and insulated basement. The Eastover is everything you're looking for, without compromise. Off the foyer is the flex room, use this space as a dining room, a home office or children's play area! The kitchen with a modern island, quartz countertops, white cabinetry, stainless steel appliances and a large single bowl sink with a garbage disposal, opens up to the dining area and a spacious family room so you will never miss a beat. Upstairs, the four bedrooms provide enough space for everyone, and the second floor laundry room simplifies an everyday chore! Our Smart Home Package which includes our Smart Thermostat, Video Doorbell, Front Door Lock, front exterior Z-Wave light switch and more will help keep you connected! Turn-key landscaping completes your new home, with full yard sod and irrigation! This, is the new home you have been looking for! Pricing and incentives are with the use of the builders preferred lender, see Sales Agent for detail
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About Ocean Acres
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$4,100 /mo
- 3 Beds
- 1 Bath
- 1,448 ft²
$3,695 /mo
- 5 Beds
- 2 Baths
- 2,108 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017