260 Wallace Avenue
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 |
|---|---|---|---|
| Apr 17, 2025 | Sold | ||
| Sold | |||
| Mar 2, 2025 | In contract | - | |
| In contract | |||
| Feb 18, 2025 | Listed by Realty One Group Emerge | $439,900 | |
| Listed by Realty One Group Emerge | |||
| Dec 4, 2019 | Sold | ||
| Sold | |||
| Sep 9, 2019 | Listed by C21/ Action Plus Realty | $264,000 | |
| Listed by C21/ Action Plus Realty | |||
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This renovated and charming 3 Huge bedroom 2 full bath ranch has so much to over! Enjoy large living room with gas fireplace and beautiful vinyl floors--Roomy kitchen with updated counters.
Three bedrooms, inclusive of a master bedroom with a ensuite too. Laundry room just off the kitchen. Throughout the home you will find recessed lighting, laminate flooring, and a updated baths .The outdoor area begins with a beautiful outdoor deck that leads right up to the pool. Located just down the road from the captivating Barnegat Lake and close to the Bay Beaches , only twenty minutes from Long Beach Island. Close to major roads and shopping.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017