319 Lighthouse 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 |
|---|---|---|---|
| Feb 16, 2023 | Sold | ||
| Sold | |||
| Jan 24, 2023 | Listed by BHHS Zack Shore REALTORS | $249,900 | |
| Listed by BHHS Zack Shore REALTORS | |||
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This cute 2 BR, 1 1/2 BA ranch home sits on a treed lot in Ocean Acres & is affordably priced & conveniently located to the GSP, shopping, LBI beaches & more. Features hardwood floors, New roof, gutters, and soffit, along with New insulation in the crawl space. Some updating could make this the perfect starter home or great for someone looking to downsize. Backs up to the golf course! Being sold as-is!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017