305 Bulkhead Avenue
About This Property
Upstairs, you'll find four bedrooms, each with ample closet space and natural light. The master suite has a large walk-in closet and private bath. But that's not all - this home also boasts a fully finished basement with a bar built in, providing additional living space and endless possibilities for a home office, playroom, or workout area. Located in Ocean Acres, this home is close to shopping, dining, and the beautiful beaches of Long Beach Island. Within driving distance to Atlantic City, Philadelphia, and NYC. Don't miss out on the opportunity to make this beautiful home your own!
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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 |
|---|---|---|---|
| Jul 11, 2023 | Sold | ||
| Sold | |||
| Apr 13, 2023 | In contract | - | |
| In contract | |||
| Apr 6, 2023 | Listed by Keller Williams Atlantic Shore | $599,000 | |
| Listed by Keller Williams Atlantic Shore | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017