339 Bay Shore 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 |
|---|---|---|---|
| Oct 22, 2024 | Sold | ||
| Sold | |||
| Sep 13, 2024 | In contract | - | |
| In contract | |||
| Feb 18, 2024 | Listed by RE/MAX at Barnegat Bay | $1,495,000 | |
| Listed by RE/MAX at Barnegat Bay | |||
| Sep 9, 2020 | Sold | ||
| Sold | |||
| Jun 16, 2020 | Listed by Weichert Realtors-Middletown | $875,000 | |
| Listed by Weichert Realtors-Middletown | |||
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Private oasis with unobstructed water views of the Barnegat Lighthouse! Walk in through the front door to be greeted with a wall of windows overlooking Barnegat Bay! This gorgeous Contemporary Shore Colonial was built in 2006 and is ready for year round or vacation home living! Hurricane Windows! Hardwood floors throughout! Large open concept kitchen with stainless steel appliances and beautiful granite breakfast bar! Formal Dining Room! Living room with gas fireplace has sliding glass door that walks you out onto the large custom Trex deck framed by unique beach rocks. Hot Tub! Launch your jet skis or paddle boards from the private beach just next door! Master Bedroom on the first floor also has a slider onto the back deck plus en suite bathroom with soaking tub and separate shower. Powder room and laundry room are also on the first floor. Direct entry over sized two car garage with security system. Dual chandeliers in the entryway and landing. Upstairs you will find two separate "wings" with two bedrooms and a full bath in each. A "cat walk" overlooking downstairs and a large upstairs family room or game room area with gas fireplace. The views from every room are nothing short of spectacular. Almost a quarter acre lot right on the water this home has it all!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017