2434 Phillips Road
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 |
|---|---|---|---|
| Jul 7, 2023 | Sold | ||
| Sold | |||
| Apr 6, 2023 | In contract | - | |
| In contract | |||
| Oct 7, 2022 | Listed by RE/MAX at Barnegat Bay | $159,000 | |
| Listed by RE/MAX at Barnegat Bay | |||
| | |||
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Build your dream home on this oversized 100x200 lot! Paperwork and permits have been done for you. Approved architectural plans for a two-story, three-bedroom house. Approved septic plans. Township approval and Pineland approval. Make this beautiful Bamber Lake property your new dream home and neighborhood! A unique opportunity to tastefully rebuild and design a home putting your own stamp on it. Steeped in nature and idyllically situated with lake, beaches, woods, trails, playground, ballpark, basketball and tennis courts as your extended backyard! This worthwhile, extraordinary opportunity is a must see! Please note: CASH, Hard Money or RENO Loan is preferred due to condition. Brand new well, approved septic plans and permits and demolition permit. Call today!
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| Oct 3, 2022 | No longer available | - | |
| No longer available | |||
| Sep 3, 2022 | Price Decreased |
$167,000
↓ $7K
(4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017