241 Davis Avenue
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 10, 2022 | Sold | ||
| Sold | |||
| Nov 10, 2021 | Listed by RE/MAX at Barnegat Bay - Forked River | $249,900 | |
| Listed by RE/MAX at Barnegat Bay - Forked River | |||
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Nestled in the Barnegat Pines section of Lacey Township and steps to lake access. This charming single level, corner lot home has much to offer. Come take a look for yourself at this 2 bedroom, 1 bath rancher that includes a garage and a basement. The 2 car driveway was just recently added along with the walkway that extends to the backyard. Also, this home is equipped with a tankless heater and Bilco doors in the basement make for easy storage of your kayaks.
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| May 21, 2018 | Sold | ||
| Sold | |||
| Apr 9, 2018 | Listed by Pacesetter Realty | $179,900 | |
| Listed by Pacesetter Realty | |||
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Well kept ranch on a corner property. Come see this charming home with endless potential. This two bedroom ranch has a bonus room as well as a full basement and garage. Easy access to Rt 9, close to schools, shopping and Parkway. With the lake and rail trail just a stones throw away, make this your year round or summer retreat.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017