321 Lawrence Drive
About This Property
Amazing opportunity to own a gorgeous home minutes from the shore! This FULLY RENOVATED 3 BR, 2-bath ranch is move-in ready with every space thoughtfully designed. The eat-in kitchen boasts quartz countertops, a center island, & stainless steal appliances. The open floor plan is perfect for gatherings, while recessed lighting & spa-like baths add luxury throughout. Right outside, your private oasis awaits with a fenced yard, deck, sparkling inground pool, & hot tub-ideal for relaxing weekends or entertaining friends and family on summer days. All this just minutes from Cedar Creek Beach, Barnegat Bay, Ocean Beach Marina- plus boating, fishing, shopping, restaurants, and endless shore activities. This home offers the best of comfort, luxury, & lifestyle.Lock in this coastal retreat today
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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 |
|---|---|---|---|
| Nov 19, 2025 | Sold | ||
| Sold | |||
| Oct 28, 2025 | In contract | - | |
| In contract | |||
| Oct 17, 2025 | Relisted | $579,000 | |
| Relisted | |||
| Sep 14, 2025 | In contract | - | |
| In contract | |||
| Aug 21, 2025 | Listed by HomeSmart First Advantage | $579,000 | |
| Listed by HomeSmart First Advantage | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017