240 Bay Stream Drive
About This Property
If you are looking for a great waterfront home for under a million, you have found it. This 6 bedroom 5 bathroom home offers great entertaining space both on the ground floor level but also up on the second level, not to worry about stairs as there is an elevator. Wonderful views from every window and porches and balconies. You will surely love personalizing this home to your own tastes. This is too good to be true, and you can be in before memorial day if you act soon. Call your realtor today to make an appointment.
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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 |
|---|---|---|---|
| Aug 11, 2020 | Sold | ||
| Sold | |||
| Mar 24, 2020 | Listed by Veltri & Associates, Realtors | $750,000 | |
| Listed by Veltri & Associates, Realtors | |||
| Sep 5, 2018 | No longer available | - | |
| No longer available | |||
| Jun 13, 2018 | Listed | $999,900 | |
| Listed | |||
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Your new waterfront home awaits in the desirable Silverton section of Toms River!! Newly raised with top quality materials. So much re-done it feels like new construction! Four Car heated garage, downstairs outdoor kitchen and den area, 25,000 lb boat lift, jet-ski lift, elevator, workshop, new trex decking, newer vinyl bulkhead, 4-zone heat and 3-zone AC but setup for a fourth zone AC, custom Landscaping, gourmet kitchen, A master suite oasis, 4th floor game room, plenty of Attic Storage, 5 decks and some w/ bay views, FEMA conforming height, with no expense spared in this custom home!!! The list goes on and on in this custom high end waterfront home only seconds from the open Bay!!! Don't miss your opportunity! The manager has listed the unit size as 4600 square feet.
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| Jul 29, 2017 | Listed | $999,900 | |
| Listed | |||
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Your new waterfront home awaits in the desirable Silverton section of Toms River!! Newly raised with top quality materials. So much re-done it feels like new construction! Four Car heated garage, downstairs outdoor kitchen and den area, 25,000 lb boat lift, jet-ski lift, elevator, workshop, new trex decking, newer vinyl bulkhead, 4-zone heat and 3-zone AC but setup for a fourth zone AC, custom Landscaping, gourmet kitchen,New Elevator, A master suite oasis, 4th floor game room, plenty of Attic Storage, 5 decks and some w/ bay views, FEMA conforming height, with no expense spared in this custom home!!! The list goes on and on in this custom high end waterfront home only seconds from the open Bay!!! Don't miss your opportunity! This one will not Last!! The manager has listed the unit size as 4600 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017