381 Neptune 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 |
|---|---|---|---|
| Apr 27, 2017 | Sold | ||
| Sold | |||
| Mar 17, 2017 | Listed by Century 21 Action Plus Realty | $249,500 | |
| Listed by Century 21 Action Plus Realty | |||
| | |||
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Warm and inviting this four bedroom home will entertain on all levels. Nice open floor plan, eat-in-kitchen, dining and living room with doors out to the deck and the gas grill fed from the house. Additional living area downstairs, has a kitchenette and sliding doors out to the yard with its abundant garden filled with blueberries, raspberries, wine grapes, fig trees and whatever else you'd like to grow. Corner lot with mature trees and plenty of room for play. Lets not forget the over-sized 2 car garage and workshop, back door to yard and a large shed. Plenty of room for toys and storage. Homeowners are motivated as they look around the house they are reminded there children are all out and all grown up looking to downsize and retire
| |||
| May 9, 2014 | Sold | ||
| Sold | |||
| Feb 3, 2014 | Listed by RE/MAX at Barnegat Bay | $244,900 | |
| Listed by RE/MAX at Barnegat Bay | |||
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About Ocean Acres
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017