31 Selma 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 |
|---|---|---|---|
| Jul 17, 2020 | Sold | ||
| Sold | |||
| Sep 16, 2019 | Relisted | $629,900 | |
| Relisted | |||
| Sep 11, 2019 | No longer available | - | |
| No longer available | |||
| Aug 29, 2019 | Listed by The Van Dyk Group - Manahawkin | $629,900 | |
| Listed by The Van Dyk Group - Manahawkin | |||
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OPPORTUNITY COMES BY EVERY SO OFTEN......CHECK OUT THE VIRTUAL TOUR......The time is now for you to see this 4 bedroom, 2 full bath home in a stunning location in Beach Haven West. Close to open bay, magnificent lagoon & Bay views, Beautiful sunrises & sunsets from multiple decks, 52' of bulkhead with protected dock, 3 decks, 2 storage sheds, central A/C, Gas heat, exterior shower, retractable electric awning on rear deck, 2 minute walk to Walkway/bike bath to cross Causeway, located on Quite Cul-De-Sac, Fabulous night views of LBI Causeway "String of Pearls", feels like privacy in the wide open Lagoon. Easy access for your boat to Intercoastal waterway, short drive to Long Beach Island......
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017