309 Birch 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 21, 2022 | Sold | ||
| Sold | |||
| May 5, 2022 | Listed by Nelson Realtors | $449,000 | |
| Listed by Nelson Realtors | |||
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Final & Best due Monday 5/9 by noon. Offers received at 12:01 & after will be considered backup only. Hamilton Gardens pristine ranch. 3 bdrms, 2 FULL baths. Bright eat in Kitchen; Quartz countertops, stainless steel appliances, tile backsplash, wonderful bow window . Hardwood Floors. Three season sun room. Fenced yard with paver patio, natural gas WEBER grill. 1.5 car garage with storage shelving, utility sink. Full basment with Anderson windows, laundry/work room , sub-slab drainage system. A quiet neighborhood of manicured homes, Convenient to the GSP , Minutes to the Beach, walk to Shark River park.
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| Jun 22, 2012 | Sold | ||
| Sold | |||
| Feb 9, 2012 | Listed by C21/ Homes of Distinction | $249,900 | |
| Listed by C21/ Homes of Distinction | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017