27 Albany Road
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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%.
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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 23, 2020 | Sold | ||
| Sold | |||
| Oct 22, 2019 | Listed by Coldwell Banker Realty | $569,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
This Shark River craftsman home, high on a desirable OVERSIZED lot, boasts a ''NEWLY REDONE'' covered front porch with blue stone, new steps, lights & landscaping! Gorgeous! Spectacular sunsets & water views every day! The interior is completely renovated, warm, inviting with 3 BR's & 1.5 baths. Boasting neutral colors, warm hardwoods, wood burning FP, CAC, walk up attic w cedar closet, HWBB heat & $6000.00 sound system! Crown moldings, plantation shutters, granite, SS appliances, pendant & recessed lighting complete the look. The large dining room, with built in butler's pantry, make this the perfect space for entertaining. 2 Car garage, large, vinyl fenced yard, 1 block to Shark River & a short distance to Memorial Park & beautiful Avon Beach! Priceless parking too! Happy 2020!
| |||
| Jun 22, 2015 | Sold | ||
| Sold | |||
| Apr 30, 2015 | Listed by Ward Wight Sotheby's International Realty | $415,000 | |
| Listed by Ward Wight Sotheby's International Realty | |||
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About Neptune
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017