305 Lawrence Drive
About This Property
3 bedroom, 1 bath Bungalow in the Lanoka Harbor Section of Lacey Township. Gas/FHA/CA, public water and sewer. Rear fenced yard with shed, deck and enclosed porch.
Located close to shopping, beaches, bays, parks and Garden State Parkway access.
Home is being sold AS IS. HOME HAS WATER AND MOLD DAMAGE AND IS LOCATED NEAR A FLOOD ZONE.
Employees of Bank of America or its affiliates or subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned by Bank of America.
Seller will not negotiate offers with home sale contingencies.
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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 |
|---|---|---|---|
| Sep 27, 2019 | Sold | ||
| Sold | |||
| Jun 12, 2019 | Listed by RE/MAX at Barnegat Bay - Toms River | $107,000 | |
| Listed by RE/MAX at Barnegat Bay - Toms River | |||
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SELLER HAS REQUESTED HIGHEST AND BEST OFFERS BY 11:59 PM ON THURSDAY, AUGUST 15, 2019. 3 bedroom, 1 bath Bungalow in the Lanoka Harbor Section of Lacey Township. Gas/FHA/CA, public water and sewer. Rear fenced yard with shed, deck and enclosed porch. Located close to shopping, beaches, bays, parks and Garden State Parkway access. Home is being sold AS IS. HOME HAS WATER AND MOLD DAMAGE AND IS LOCATED NEAR A FLOOD ZONE. Employees of Bank of America or its affiliates or subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned by Bank of America. Seller will not negotiate offers with home sale contingencies.
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Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21924645
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Address: 335 Madison Avenue, New York, NY 10017