403 Morgan Parkway
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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 5, 2023 | Sold | ||
| Sold | |||
| Mar 21, 2023 | Listed by Keller Williams Realty Spring Lake | $1,199,900 | |
| Listed by Keller Williams Realty Spring Lake | |||
| | |||
|
Located in what is arguably the hottest part of Brielle.Those looking for beach lifestyle in Brielle gravitate toward the areas near the park, school & short distance to Downtown Manasquan & beach.This home does one better...on Green Acres Park! Low maintenance property with lush landscaping & the bonus of using all that the park offers-tennis courts,basketball court,bocce courts, frisbee golf,playground, library & more.Thisho me has an attached garage & a full high basement just waiting for the new owner to finish.Be in in time to enjoy warm summer evenings & start planning your Brielle Day party.Hardwood floors throughout most of the home, plantation shutters, paver patio, fire pit+ K-8 elementary school a few hundred feet away.Call now!
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| Nov 26, 2022 | No longer available | - | |
| No longer available | |||
| Oct 11, 2022 | Price Decreased |
$1,199,900
↓ $50K
(4%) | |
| Price Decreased | |||
| Sep 21, 2022 | Price Decreased |
$1,249,999
↓ $49K
(3.8%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017