308 Cove Drive
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 |
|---|---|---|---|
| Jun 2, 2026 | Sold | ||
| Sold | |||
| Apr 8, 2026 | Price Decreased |
$1,950,000
↓ $249K
(11.3%) | |
| Price Decreased | |||
| Mar 18, 2026 | Listed by Keller Williams Elite | $2,199,000 | |
| Listed by Keller Williams Elite | |||
| Sep 25, 2025 | Listed | $2,300,000 | |
| Listed | |||
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Escape to your own slice of paradise in this beautifully updated 5-bedroom, 2.5-bath home perfectly positioned on a serene lagoon at the Jersey Shore. Wake up to breathtaking water views and enjoy the best of both worlds - tranquil lagoon living with the beach just a short stroll away.
This spacious home has been thoughtfully updated throughout, offering modern comfort while maintaining coastal charm. The open floor plan is perfect for entertaining family & friends, with plenty of room for everyone to spread out in an open floor plan
It offers over 45 ft of bulk head w/ jet ski port for the boating afficionados and a large deck for entertaining. Whether you're hosting summer gatherings or seeking a peaceful retreat, this property delivers. Furniture negotiable, Chair rail can stay or g
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| Mar 12, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017