35 Michael 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 |
|---|---|---|---|
| Aug 27, 2025 | Sold | ||
| Sold | |||
| Jul 26, 2025 | In contract | - | |
| In contract | |||
| Jul 16, 2025 | Listed by Coldwell Banker Realty | $899,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
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Located in highly desirable neighborhood, this fully renovated, custom-expanded split ranch, offers over 3,200 sq ft of versatile living space. Home features 4 generously sized bedrooms and 3 full bathrooms, highlighted by vaulted ceilings and abundant natural light throughout. The layout flows seamlessly with a formal living room, elegant dining area, and a modern eat-in kitchen ideal for casual meals or entertaining. The oversized primary suite is a true sanctuary, with a private ensuite including a fireplace, and a balcony overlooking the property. Additional living spaces includes den/family room and a finished basement. Over-sized 2-car garage and 2nd staircase. Large fenced-in yard features above-ground pool with deck and mutli-level patio. Move-in ready, quick closing available
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| Apr 29, 2020 | Sold | ||
| Sold | |||
| Oct 13, 2019 | Listed by Diane Turton, Realtors-Toms River | $579,000 | |
| Listed by Diane Turton, Realtors-Toms River | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017