253 Bay Shore Drive
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 |
|---|---|---|---|
| Jun 15, 2020 | Sold | ||
| Sold | |||
| Mar 6, 2020 | Listed by RE/MAX at Barnegat Bay - Manahawkin | $294,900 | |
| Listed by RE/MAX at Barnegat Bay - Manahawkin | |||
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Summer is coming! Perfect shore home ready and waiting for their new owners! 3 bed/1 bath ranch has been updated from top to bottom within the last 8 years. Open floor plan features beautiful kitchen, large living room, screened in porch, maintenance free landscaping, vinyl bulkhead and a hot tub! Perfect lagoon-front location for boat rides just minutes to the bay!This home is located a short bicycle ride or walk to the public beach where you can enjoy free concerts, fireworks and more! Don't miss this one! You can be in by Memorial Day!
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| Aug 15, 2012 | Sold | ||
| Sold | |||
| Jan 3, 2012 | Listed by RE/MAX at Barnegat Bay | $249,900 | |
| Listed by RE/MAX at Barnegat Bay | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017