48
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304 Parkway
About This Property
The kitchen, dining area, and family room connect seamlessly, creating an inviting space for everyday living and effortless entertaining. A separate living room with a woodburning fireplace provides a warm and comfortable gathering place year-round. The well-planned bedroom layout offers privacy and flexibility for family, guests, or a home office.
Thoughtful updates include heating and central air installed in 2024, hardwood floors, recessed lighting, automatic blinds, and carefully selected finishes throughout. Every detail has been completed, allowing the next owner to simply unpack and enjoy.
Outside, the private backyard is designed for summer living with a heated saltwater fiberglass pool, landscape lighting, and a cabana-style garage space with a brand new mini split for heating & AC ideal for relaxing after the beach or entertaining in the evenings. Low-maintenance yard improvements and professional landscaping make the outdoor space as easy to enjoy as the interior.
Located just minutes from the beach, downtown restaurants, shopping, and all that Point Pleasant Beach has to offer, this turnkey coastal home delivers comfort, convenience, and an exceptional lifestyle.
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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 |
|---|---|---|---|
| Aug 22, 2026 | In contract | - | |
| In contract | |||
| Jul 29, 2026 | Listed by Paradise Real Estate Group | $1,799,900 | |
| Listed by Paradise Real Estate Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017