316 Colonial Drive
About This Property
3 bedroom, 1.5 bath Ranch with full finished basement with fireplace, one car attached garage, inground pool, fenced rear yard with deck with storage shed located in the Rivercrest section of Toms River Township. Gas/fha/CA, public water and sewer.
Located close to shopping, beaches, bays, parks and Garden State Parkway access.
Home is being sold AS IS.
Seller will not negotiate offers with home sale contingencies.
Employees and family members residing with employees of JPMorgan Chase Bank, N.A, its affiliates or subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned by JPMorgan Chase Bank, N.A.
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Cap Rate Calculator
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, 2019 | Sold | ||
| Sold | |||
| Apr 14, 2019 | Listed by RE/MAX at Barnegat Bay - Toms River | $180,500 | |
| Listed by RE/MAX at Barnegat Bay - Toms River | |||
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SELLER HAS REQUESTED HIGHEST AND BEST OFFERS BY 11:59 PM MST ON MONDAY, APRIL 29, 2019. 3 bedroom, 1.5 bath Ranch with full finished basement with fireplace, one car attached garage, inground pool, fenced rear yard with deck with storage shed located in the Rivercrest section of Toms River Township. Gas/fha/CA, public water and sewer. Located close to shopping, beaches, bays, parks and Garden State Parkway access. Home is being sold AS IS. Seller will not negotiate offers with home sale contingencies. Employees and family members residing with employees of JPMorgan Chase Bank, N.A, its affiliates or subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned by JPMorgan Chase Bank, N.A.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017