30
Map
407 E Palm Road #107
About This Property
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Cap Rate Calculator
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%.
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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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Sep 28, 2024 | No longer available | - | |
No longer available | |||
May 25, 2024 | In contract | - | |
In contract | |||
May 21, 2024 | Listed by KELLER WILLIAMS REALTY JERSEY SHORE - SIC | $750,000 | |
Listed by KELLER WILLIAMS REALTY JERSEY SHORE - SIC | |||
Dec 30, 2018 | No longer available | - | |
No longer available | |||
Aug 28, 2018 | Listed | $439,000 | |
Listed | |||
| |||
This one has it all!! This three bedroom two and a half bath unit
features a fantastic open floor plan, with hardwood floors,
stainless steel appliances, granite counter tops and more. Just a
block to the world famous free Wildwood Crest beach, bike path, and
Centennial Park there is plenty to keep the whole family busy. The
Palm Villas feature a pool, elevator, rooftop deck, 2 assigned
parking spaces, and private storage. This unit has a solid rental
book and is being sold fully…
|
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
11/30/2023
|
3 Bed
|
2 Bath
|
-
|
$900,000
3 Bed
2 Bath
|
-
-
|
-
|
John Koch
Century 21 Alliance-Wildwood Crest
| |
09/23/2021
|
3 Bed
|
3 Bath
|
-
|
$650,000
3 Bed
3 Bath
|
$652,000
+0.31%
02/10/2022
|
Nichole Koch
CENTURY 21 ALLIANCE wc
| ||
06/16/2021
|
3 Bed
|
3 Bath
|
1550 ft²
|
$795,100
3 Bed
3 Bath
1550 ft²
|
-
-
|
-
|
Nichole Koch
CENTURY 21 ALLIANCE wc
| |
05/13/2021
|
3 Bed
|
3 Bath
|
1600 ft²
|
$795,000
3 Bed
3 Bath
1600 ft²
|
-
-
|
-
|
-
| |
05/12/2020
|
3 Bed
|
3 Bath
|
1500 ft²
|
$469,900
3 Bed
3 Bath
1500 ft²
|
-
-
|
-
|
-
| |
11/10/2019
|
3 Bed
|
3 Bath
|
1500 ft²
|
$479,000
3 Bed
3 Bath
1500 ft²
|
-
-
|
-
|
-
| |
04/10/2019
|
3 Bed
|
3 Bath
|
1550 ft²
|
$439,000
3 Bed
3 Bath
1550 ft²
|
-
-
|
-
|
-
| |
02/08/2019
|
3 Bed
|
3 Bath
|
1500 ft²
|
$525,000
3 Bed
3 Bath
1500 ft²
|
-
-
|
-
|
-
| |
10/10/2018
|
3 Bed
|
3 Bath
|
1600 ft²
|
$789,900
3 Bed
3 Bath
1600 ft²
|
-
-
|
-
|
-
| |
08/28/2018
|
3 Bed
|
3 Bath
|
-
|
-
3 Bed
3 Bath
|
-
-
|
-
|
-
| |
08/28/2018
|
3 Bed
|
3 Bath
|
-
|
-
3 Bed
3 Bath
|
-
-
|
-
|
-
| |
07/11/2018
|
3 Bed
|
3 Bath
|
1600 ft²
|
$469,500
3 Bed
3 Bath
1600 ft²
|
-
-
|
-
|
-
| |
05/14/2018
| |
3 Bed
|
3 Bath
|
1600 ft²
|
-
3 Bed
3 Bath
1600 ft²
|
-
-
|
-
|
-
|
Building Info
About Wildwood Crest
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