307 Parkway Avenue
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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 |
|---|---|---|---|
| Apr 13, 2021 | Sold | ||
| Sold | |||
| Mar 4, 2021 | Listed by Diane Turton, Realtors-Point Pleasant Boro | $719,000 | |
| Listed by Diane Turton, Realtors-Point Pleasant Boro | |||
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Charming Coastal Cape on one of Point Pleasant Beach's most desirable streets. Walking distance to beach, downtown and train station. This 5 bdrm, 2 bath meticulous home has updated kitchen and bathrooms on an oversized 50 X 148 lot. Living room w/woodburning FP and tiled floors. Updated kitchen with quartz, breakfast bar and built-ins. Upstairs has 3 bdrms, full bath and family room. Large deck with automatic awning. Huge yard with long driveway and oversized 2 car detached garage. Hot water baseboard and A/C units. Great outdoor shower w/ changing area. Generator included too.
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| Jun 10, 2016 | Sold | ||
| Sold | |||
| Aug 12, 2015 | Listed by Diane Turton, Realtors-Lavallette | $509,000 | |
| Listed by Diane Turton, Realtors-Lavallette | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017