342 Normandie 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 |
|---|---|---|---|
| Jul 26, 2019 | Sold | ||
| Sold | |||
| May 26, 2019 | Listed by RE/MAX at Barnegat Bay - Toms River | $178,850 | |
| Listed by RE/MAX at Barnegat Bay - Toms River | |||
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Sprawling 2 Bedroom 1 Bath ranch with large open floorplan Living Room Dinning Room with hardwood flooring. Large Deck and patio for entertaining in private backyard.Economical gas hot water baseboard heat. Seller did the following work in 2012: New Roof,Gutters,Central Air,Refinished Floors,Installed Cabinets and Counters and Replaced all windows except garage & front window in living room. Property is in the Riviera section of Forked River. Property is not in flood zone and does not required flood insurance. House being sold in ''AS IS'' condition. USDA financing is available in this area.
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| Jun 13, 2012 | Sold | ||
| Sold | |||
| Feb 8, 2012 | Listed by RE/MAX at Barnegat Bay - Forked River | $164,900 | |
| Listed by RE/MAX at Barnegat Bay - Forked River | |||
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Good Starter or Retirement home. Close to all shopping, restaurants and bus transportation in walking distance. Home could be a good investment for rental property
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017