270 Butterfly Road
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 |
|---|---|---|---|
| Jan 24, 2020 | Sold | ||
| Sold | |||
| Sep 6, 2019 | Price Decreased |
$438,500
↓ $24K
(5.2%) | |
| Price Decreased | |||
| Jul 29, 2019 | Price Decreased |
$462,500
↓ $30K
(6.2%) | |
| Price Decreased | |||
| Jun 29, 2019 | Price Increased |
$492,900
↑ $118K
(31.5%) | |
| Price Increased | |||
| May 28, 2019 | Listed by RE/MAX at Barnegat Bay - Toms River | $374,900 | |
| Listed by RE/MAX at Barnegat Bay - Toms River | |||
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4 bedroom, 2.5 bath Colonial with full unfinished basement, 2 car attached garage, family room, inground pool with large fenced rear yard. NOTE: Home is being sold AS IS. Home has water and mold damage. Seller will not negotiate offers with home sale contingencies. Seller does not accept Escalation Clauses. Seller shall pay a real estate commission pursuant to the listing agreement between Seller and Seller's listing broker however, no commission shall be paid nor credit given, to a Purchaser who is a real estate licensee. This includes any broker or brokerage firm with which Purchaser is affiliated. Additionally, no commission will be paid to a licensee representing a relative who is a Purchaser. Notwithstanding the foregoing, the commission paid by Seller shall be calculated basedon the Purchase Price less the value of any Seller concessions (including but not limited to buyer's closing costs, prepaids or repairs paid for by the Seller on the buyer's behalf) such value to be determined by Seller in Seller's sole absolute discretion.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017