3 Central 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 |
|---|---|---|---|
| Dec 15, 2025 | Sold | ||
| Sold | |||
| Jan 30, 2024 | Listed by Keller Williams Realty Spring Lake | $1,699,000 | |
| Listed by Keller Williams Realty Spring Lake | |||
| Jan 25, 2024 | No longer available | - | |
| No longer available | |||
| Oct 24, 2023 | Listed by Keller Williams Realty East Monmouth | $1,699,000 | |
| Listed by Keller Williams Realty East Monmouth | |||
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New Construction to be built near the heart of Downtown Manasquan. One of the Jersey Shore's premier home builders is set to build a 4 bedroom with 2.5 baths home at apx 2850 sq ft. Classic center hall colonial features a covered porch, Certainteed cedar impression siding, composite trim, Anderson 200/400 series windows & sliders and a 1 car attached garage. Interior features: wide plank oak engineered hardwood floors, decorative moldings, gas fireplace, designer kitchen cabinetry w/ island, Quartz countertops, pantry and Stainless-Steel appliances. Third floor walk up finished space to accommodate another bedroom. A huge yard with plenty of room for a pool and all the desire amenities of a resort like backyard. 1.5 miles to the ocean. Walk to downtown
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017