40 Morris Avenue
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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 11, 2018 | Sold | ||
| Sold | |||
| Apr 9, 2018 | Listed by The Gallery Residential Brokerage | $875,000 | |
| Listed by The Gallery Residential Brokerage | |||
| May 1, 2015 | Sold | ||
| Sold | |||
| Feb 27, 2015 | Listed by Diane Turton, Realtors-Spring Lake | $659,000 | |
| Listed by Diane Turton, Realtors-Spring Lake | |||
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Beautiful 3 bedroom/2 bath Shore Colonial on one of the finest streets in town. Recent renovations include refinished wide plant pine floors, fresh paint, upgraded electric, aluminum fencing, new first floor full bath, kitchen/family room upgrades too! Finish the 3rd floor for more living space! Shore living at it's best! Walk to town, ride your bike to the beach. Sip cocktails on your front porch. Life is good!
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| May 18, 2012 | Sold | ||
| Sold | |||
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About Manasquan
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017