36 FORT LEE 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 |
|---|---|---|---|
| Jun 26, 2026 | Price Decreased |
$238,000
↓ $11K
(4.4%) | |
| Price Decreased | |||
| May 21, 2026 | Price Decreased |
$248,900
↓ $3K
(1.2%) | |
| Price Decreased | |||
| Mar 27, 2026 | Listed by RE/MAX at Barnegat Bay - Manahawkin | $252,000 | |
| Listed by RE/MAX at Barnegat Bay - Manahawkin | |||
| Jan 17, 2026 | Price Decreased |
$256,999
↓ $1
(0%) | |
| Price Decreased | |||
| Oct 8, 2025 | Listed | $257,000 | |
| Listed | |||
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This beautifully maintained 2 bedroom 2 bathroom home is located in one of Stafford Townships most sought-after 55+ communities, Perry's Lake! This charming residence offers a perfect balance of comfort, privacy, and convenience. As you enter, you'll find a spacious, open-concept living and dining area with plenty of natural light. The layout offers a comfortable flow, perfect for relaxing or entertaining. The kitchen, while in its original condition, features plenty of counter space and cabinetry, providing a great starting point for any updates you wish to make. The primary bedroom includes an en-suite bathroom and generous walk in closet.
A second bedroom provides flexibility to accommodate guests or serve as a home office or hobby room. A second full bathroom adds convenience for guests and daily use. This home provides added peace of mind with a newer roof, HVAC, HWH, sump pump, and new roof on the shed! Living in this established 55+ community, you'll enjoy access to various amenities like clubhouse, pool, exercise, and social activities- all while being just a short drive from local shopping, dining, and the scenic beauty of Long Beach Island. This is a fantastic opportunity to invest in a home with great potential in a friendly and welcoming community. Whether you're looking to downsize or enjoy your retirement in comfort, this home is ready for you to make it your own.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017