32 Outsail Avenue
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 |
|---|---|---|---|
| May 24, 2024 | Sold | ||
| Sold | |||
| Apr 4, 2024 | In contract | - | |
| In contract | |||
| Mar 16, 2024 | Price Decreased |
$529,990
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Mar 11, 2024 | Price Decreased |
$539,990
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Mar 7, 2024 | Listed by D.R. Horton Realty of New Jersey | $544,990 | |
| Listed by D.R. Horton Realty of New Jersey | |||
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Ready for April 2024 Closing! Located in our brand new phase of Ocean Acres, The Deerfield is a stunning new construction home plan featuring 1,906 sq. ft. of living space, 4 bedrooms, 2.5 baths and a 2-car garage. The Deerfield gives you the features you are looking for at the price you need! You'll immediately feel at home as you enter into the spacious family room. This living space flows nicely into the dining area and then kitchen, which highlights a large, modern island. The kitchen will feature quartz countertops, white cabinetry and stainless steel appliances. Upstairs, the four bedrooms provide enough space for everyone, and the second floor laundry room simplifies an everyday chore! Need storage space? The large master bedroom closet, linen closets and a walk-in kitchen pantry will all get the job done! An unfinished and heated basement provides room for future expansion and extra storage as well! Pricing and incentives are with the use of preferred lender. Ask Sales Rep for details.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017