273 Cedar Avenue
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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 23, 2023 | Sold | ||
| Sold | |||
| Jan 24, 2023 | Listed by Diane Turton, Realtors-Sea Girt | $850,000 | |
| Listed by Diane Turton, Realtors-Sea Girt | |||
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FIRST FLOOR LIVING! CHARMING RANCH-style BEACH HOME situated in prime location in quintessential Manasquan on 1 of the most desirable streets, 10 short blocks to beaches, a few blocks to marina, vibrant downtown w amazing, restaurants, shops. MOVE-IN READY, One-of-a-Kind, 1300+ sq. ft. w/ inviting front porch to enjoy morning coffee. Inside a welcoming f/p, H/W FLOORS throughout, 2 bedrms, OFFICE area, 1.5 lux. baths w/ possibility to make into 2 full bath. Reconfigure space for a 3rd bedrm/guest area. MS bedrm. w/ direct access to backyd. Upscale kitchen w/ quartz counters, SS apps., adjoining Family Rm, vaulted ceilings overlooking lush, private gardens/backyd. After a day at beach, enjoy outdoor shower to help unwind. Enchanting backyd for al-fresco dining. NEWER ROOF & hot water hot water heater. Low cost maintenance. Mins. to RR and GSP to NYC. Call for your private tour today!
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| May 23, 2022 | Sold | ||
| Sold | |||
| Apr 8, 2022 | Listed by Diane Turton, Realtors-Sea Girt | $675,000 | |
| Listed by Diane Turton, Realtors-Sea Girt | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017