401 Kelly Avenue
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 |
|---|---|---|---|
| Sep 17, 2024 | Sold | ||
| Sold | |||
| Aug 15, 2024 | In contract | - | |
| In contract | |||
| Jul 16, 2024 | Price Decreased |
$469,999
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Jun 14, 2024 | Listed by RE/MAX at Barnegat Bay | $474,999 | |
| Listed by RE/MAX at Barnegat Bay | |||
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Unpack & move into this updated Tuckerton colonial featuring 3 bedrooms completed w/ picture moldings, 2 updated baths & approx. 1,600 sqft. of living space. The updated eat-in kitchen boasts a center island, SS appliances & granite countertops. The living room showcases vaulted ceilings completed w/ a gas fireplace. The owners bedroom features a full bath & sliding doors out to a deck w/ stunning bay views. Large fenced in backyard & oversized driveway! This home comes equipped w/ central AC & forced air-natural gas heating. Close proximity to Route 9 & GSP. Less than 30 minutes to AC & LBI!! Walking distance to Tuckerton Seaport, less than 10 minutes to LBI national golf & resort. Don't forget the ferry that goes from Tuckerton Seaport to LBI. Don't miss out on this opportunity, call to see this today!
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| Sep 25, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017