26 Passage Lane
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 |
|---|---|---|---|
| Mar 31, 2023 | Sold | ||
| Sold | |||
| Mar 17, 2023 | Listed by Home Alliance Realty, LLC | $370,500 | |
| Listed by Home Alliance Realty, LLC | |||
| Nov 29, 2022 | No longer available | - | |
| No longer available | |||
| Nov 29, 2022 | Listed by Home Alliance Realty | $370,500 | |
| Listed by Home Alliance Realty | |||
| | |||
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This spacious home boasts 9' ceilings, a formal living room, a dining room, kitchen with a dining area opening to a three-season sunroom. The primary bedroom offers double walk-in closets an ensuite bath; double sinks, jetted tub, and a stall shower. Located in the desirable Heritage Point active adult community in Barnegat, this home is the perfect place to enjoy the Jersey Shore. Located close to major area roadways makes travel a breeze!
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| Sep 22, 2022 | Price Decreased |
$394,250
↓ $21K
(5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017