363 Bay Shore 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 |
|---|---|---|---|
| Jan 6, 2025 | Sold | ||
| Sold | |||
| Nov 20, 2024 | In contract | - | |
| In contract | |||
| Oct 2, 2024 | Listed by Weichert Realtors-Forked River | $1,379,000 | |
| Listed by Weichert Realtors-Forked River | |||
| Sep 4, 2024 | Price Decreased |
$1,379,000
↓ $121K
(8.1%) | |
| Price Decreased | |||
| Jul 1, 2024 | Listed | $1,499,999 | |
| Listed | |||
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Best buy in Barnegat!!! Discover the charm of this bayfront home, offering breathtaking water views from every room, multiple decks, and an impressive rooftop terrace. The ground floor features a two-car garage, staircase, custom elevator, and storage space with sliding doors leading to a patio by the bay. On the main floor, you'll find a spacious great room that opens to a full-length deck overlooking the bay, a dining area, a gorgeous kitchen with Quartz countertops and a complete GE Profile appliance package, a versatile office or den, and a half bath. The second floor boasts a luxurious primary suite with walk-in closets and an ensuite bathroom with a double vanity. Additionally, there are three guest bedrooms, a second full bathroom, two more decks, and a laundry room. The uppermost level is perfect for entertaining, featuring a large rooftop deck with panoramic views of the Inlet, Old Barney, and LBI. Do not miss this spectacular waterfront retreat!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017