281 Great Bay Boulevard
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 |
|---|---|---|---|
| Oct 6, 2022 | No longer available | - | |
| No longer available | |||
| Apr 7, 2022 | Listed by Diane Turton, Realtors-Brick | $249,900 | |
| Listed by Diane Turton, Realtors-Brick | |||
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Corner WATERFRONT- 10,300 sq ft vacant lot with 170 Ft newer wrap-around bulkhead is approximately 8-10 years old. Can come with plans for a 3 bedroom 2 bath home approx 1,700 sf. or owner may clear to suit buyers needs. Was prior approved for 4 bed 2 bath 2400 home. Foundation and some work started, owner will update permits with township if buyer wishes to use existing foot print he was building.Building set back 20' 5' minimum combo 15' on side. Rear, 15' to Bulkhead. Height 40' to Peak Building coverage 30%.
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| Aug 30, 2020 | No longer available | - | |
| No longer available | |||
| Feb 28, 2020 | Listed | $129,900 | |
| Listed | |||
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Corner WATERFRONT- 10,300 sq ft vacant lot with 170 Ft brand new wrap-around bulkhead. Building set back 20' 5' minimum combo 15' on side. Rear, 15' to Bulkhead. Height 40' to Peak Building coverage 30%. (has new existing foundation that can be used to build on top of or take down and start over) Plans for house can be provided..
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| Aug 16, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017