4 Colts Neck 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 |
|---|---|---|---|
| Nov 23, 2016 | Sold | ||
| Sold | |||
| Jun 3, 2016 | Listed by RE/MAX at Barnegat Bay - Manahawkin | $129,000 | |
| Listed by RE/MAX at Barnegat Bay - Manahawkin | |||
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This is it...time to see your money make money for you! Potential of rental income upwards of $1,900 monthly. Great opportunity for investment or 1st time home buyers with a handyman know how. Off the beaten path, this home sits in a wooded area on a side street, but close to all shopping and highway access! Almost 1,600 sq ft in this ranch style one-floor living home. Needs TLC but has great potential, this home has 3/4 bedrooms & 1.5 baths + separate laundry room. Larger size bedrooms, detached shed in yard w/electric and storage loft. Bay & Beach are closeby. Perfect for investor, full time or summer home! EASY TO SHOW! This is NOT a short sale!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017