31 Joy Road
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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 |
|---|---|---|---|
| Nov 10, 2022 | Sold | ||
| Sold | |||
| Sep 23, 2022 | Listed by Keller Williams Realty Preferred Properties | $525,000 | |
| Listed by Keller Williams Realty Preferred Properties | |||
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Enjoy life on the water! This immaculate 3 bed 1 bath features an open floor plan with stainless steel appliances and tile throughout. Includes state-of-the-art Nest thermostat and Blink camera system. Open the back sliders and your paradise awaits! New decking and new large 87' bulkead to dock all your water toys, plus an electric davit to get them in and out of the water. Crab or fish off your dock, or enjoy a beverage at the outside bar! After a day in the sun, rinse off in the outdoor shower. Plenty of storage in the new 8'x10' shed. Quick boat ride to the open bay, with no bridge obstructions. A quick drive over the Causeway Bridge to the beautiful LBI beaches. A vacation getaway right in your own home!
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| Feb 4, 2020 | Sold | ||
| Sold | |||
| Aug 22, 2019 | Listed by Keller Williams Shore Properties | $249,900 | |
| Listed by Keller Williams Shore Properties | |||
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THE PERFECT SUMMER HOME!!! Completely renovated 3 bedroom, 1 bath ranch! Deck with jet ski dock! Unpack and move right into this jersey shore gem! Wide open floor plan! Perfect for entertaining! White kitchen features granite counters, breakfast counter and stainless steel appliances! Ceramic tile floor throughout most of house! 3 bedrooms with ceiling fans! Bath features full size marble stall shower & marble floor with granite top vanity! Washer/dryer! NEST thermostat & tankless water heater! Double sized sliders lead to deck and over 60 feet of bulkhead! Shed for storage in vinyl fenced yard! Bring your boat and enjoy your own piece of paradise!! Minutes to Beach , shopping and GSP! MUST SEE!!
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| May 23, 2012 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017