351 Bay Shore Drive
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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 |
|---|---|---|---|
| Nov 9, 2018 | Sold | ||
| Sold | |||
| Oct 14, 2018 | No longer available | - | |
| No longer available | |||
| Jul 19, 2018 | Listed | $375,000 | |
| Listed | |||
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BRING ALL OFFERS TO THIS ''MILLIONAIRE'S ROW'' LOCATION! JERSEY SHORE PARADISE! BAYFRONT BEAUTY offering Gorgeous Views & BAY BREEZES from EVERY WINDOW!Unobstructed Panoramic BARNEGAT BAY & LIGHTHOUSE views from rear of home, offering daily views of the SUNRISE!Steps away from Barnegat Bayfront Beach & the Municipal dock complete w/boat launch & Saturday night concerts!BOATERS DELIGHT w/4,500 LB Boat Lift,Jet Ski Davit 1000 & Concrete Ramp to launch your WATER TOYS! Incredible Home boasts gleaming Hardwood Flrs, Vaulted Ceilings w/loft, Kitchen w/Granite Countertps,SS Appliances, Multiple Decks on all sides of the home!ONE CAR GARAGE WITH DOORS IN FRONT AND BAY SIDE TO STORE WATER TOYS OR BOAT, AND ACCESS THE REAR OF HOME WITH EASE! MORE THAN A HOUSE, THIS IS A LIFESTYLE! SHORE PERFECTION The manager has listed the unit size as 816 square feet.
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| Jun 13, 2018 | Listed | $375,000 | |
| Listed | |||
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BRING ALL OFFERS to this 'MILLIONAIRE'S ROW" PRICELESS LOCATION! JERSEY SHORE PARADISE! BAYFRONT BEAUTY offering Gorgeous Views & BAY BREEZES from EVERY WINDOW!Unobstructed Panoramic BARNEGAT BAY & LIGHTHOUSE views from rear of home, offering daily views of the SUNRISE!Steps away from the Barnegat Bay Beach & Municipal dock complete w/boat launch & Saturday night concerts! BOATERS DELIGHT w/4,500 LB Boat Lift, Jet Ski Davit 1000#, & Concrete Ramp to launch all of your WATER TOYS! This Incredible Home boasts gleaming Hardwood Floors, Vaulted Ceilings w/loft, Kitchen w/Granite Countertops, SS Appliances, Multiple Decks on all sides of the home! MORE THAN A HOUSE, THIS IS A LIFESTYLE! SHORE PERFECTION!Birdwatchers paradise, across from the Barnegat division Edwin B Forsythe National Wildlife Refuge. Egrets, Herons & shorebirds throughout the summer & an assortment of ducks during winter. Home to some of the best birding in Ocean County. A direct view to Barnegat lighthouse & FIREWORKS! The manager has listed the unit size as 816 square feet.
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| Apr 5, 2018 | Listed by RE/MAX at Barnegat Bay - Forked River | $375,000 | |
| Listed by RE/MAX at Barnegat Bay - Forked River | |||
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BRING ALL OFFERS to this 'MILLIONAIRE'S ROW" PRICELESS LOCATION! JERSEY SHORE PARADISE! BAYFRONT BEAUTY offering Gorgeous Views & BAY BREEZES from EVERY WINDOW!Unobstructed Panoramic BARNEGAT BAY & LIGHTHOUSE views from rear of home, offering daily views of the SUNRISE!Steps away from the Barnegat Bay Beach & Municipal dock complete w/boat launch & Saturday night concerts! BOATERS DELIGHT w/4,500 LB Boat Lift, Jet Ski Davit 1000#, & Concrete Ramp to launch all of your WATER TOYS! This Incredible Home boasts gleaming Hardwood Floors, Vaulted Ceilings w/loft, Kitchen w/Granite Countertops, SS Appliances, Multiple Decks on all sides of the home! MORE THAN A HOUSE, THIS IS A LIFESTYLE! SHORE PERFECTION!Birdwatchers paradise, across from the Barnegat division Edwin B Forsythe National Wildlife Refuge. Egrets, Herons & shorebirds throughout the summer & an assortment of ducks during winter. Home to some of the best birding in Ocean County. A direct view to Barnegat lighthouse & FIREWORKS!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017