35 Pennsylvania Avenue
About This Property
Listed By
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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 10, 2026 | Listed by RE/MAX at Barnegat Bay | $725,000 | |
| Listed by RE/MAX at Barnegat Bay | |||
| Apr 7, 2026 | Sold | ||
| Sold | |||
| Jan 30, 2026 | In contract | - | |
| In contract | |||
| May 29, 2025 | Price Decreased |
$725,000
↓ $50K
(6.5%) | |
| Price Decreased | |||
| Jan 29, 2025 | Listed by CHILDERS SOTHEBY'S INTL REALTY | $775,000 | |
| Listed by CHILDERS SOTHEBY'S INTL REALTY | |||
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Quality new construction and lifestyle come together on a quiet street just minutes from the open waters of Barnegat Bay. This thoughtfully designed new construction home offers space, comfort, and modern convenience. The expansive second-floor primary suite features an en-suite bath, along with three additional bedrooms and loft. The main-level bonus room allows flexible use as a fifth bedroom, den, or home office. You will enjoy peace of mind with Andersen windows, a Navien tankless hot water system, Moen fixtures, a security system, and smart home capability. Real hardwood floors, quartz countertops, soft-close cabinetry, and underground sprinklers will enhance the experience. This home is ideally located near local marinas, bay front parks, hiking trails, and the Garden State Parkway.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017