249 Schooner Road
About This Property
Ocean acres home that is move in ready with so many upgraded features. Built in 2016, it has everything you are looking for in a four-bedroom, 3.5-bath home. You can't outgrow it with all its features. The upgraded chef's kitchen boasts a large center island, Viking stove, pantry, and large cabinets. Additionally, there are large living room, dining room, and bedrooms, offering plenty of space for relaxation and entertainment. There is a finished basement with a full bathroom leading to an oversized large one-car garage. The owned solar panels provide energy efficiency and cost savings. With ample storage and a large backyard with a patio and fire pit, this home is perfect for indoor and outdoor living. It's amazing curb appeal leads to an even more amazing home. The ideal location is close to shopping, Long Beach Island, restaurants, and a sought-after school district. Don't forget to ask for a complete list of all the features!
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Cap Rate Calculator
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 21, 2024 | Sold | ||
| Sold | |||
| Jul 13, 2024 | In contract | - | |
| In contract | |||
| Jun 15, 2024 | Price Decreased |
$650,000
↓ $30K
(4.4%) | |
| Price Decreased | |||
| May 27, 2024 | Listed by EXIT Realty Jersey Shore | $680,000 | |
| Listed by EXIT Realty Jersey Shore | |||
| Jun 17, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017