246 Edison 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 |
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| Sep 26, 2023 | Sold | ||
| Sold | |||
| Aug 17, 2023 | In contract | - | |
| In contract | |||
| Jul 31, 2023 | Listed by RE/MAX at Barnegat Bay - Manahawkin | $599,900 | |
| Listed by RE/MAX at Barnegat Bay - Manahawkin | |||
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Barnegat Twp- WATERFRONT- in the Pebble Beach Community. Over 1900 sq ft of living space this 3 Possible 4 bedroom home with 1 full and 1 half bath is your escape from all the hustle and Bustle. Relax and enjoy all the privacy you could want and need- this updated home is ready for the new owners to enjoy what so many on the Jersey Shore come for. Gorgeous Waterviews & Privacy- with ample room to fit an inground pool. Enjoy Peace and Tranquility watching the Sun Rise and Set from your upper-level decking. This Home is the perfect getaway from it all. Enjoy kayaking, fishing & jet skiing right from your own backyard. Walk or Bike ride to Barnegat Bay Beach for sunbathing and dipping on the bay and enjoy all our summer concerts, Easy commute to all shopping, restaurants, Long Beach Island, and the Nightlife of Atlantic City. Life is not just Good. It's GREAT!!!
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| Nov 25, 2020 | Sold | ||
| Sold | |||
| Apr 27, 2020 | Listed by Elite Team Realty, LLC | $343,500 | |
| Listed by Elite Team Realty, LLC | |||
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BEAUTIFUL Renovated 3 bedroom 1.5 bath Waterfront home with 1 car garage, located on the lagoon in Barnegat! Neutral colors through out, NEW carpeting, paint, lighting, updated kitchen and bathrooms. Enjoy your morning coffee from the 2nd story deck overlooking the lagoon! Family Room with wood Stove, Laundry/Utility Room and Bonus additional Living area on main level, which could be used as 4th Bedroom. Maintenance free hard-scaped yard. Come take a look at what the Shore has to offer and enjoy Water Front Living!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017