408 Dock Road
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 |
|---|---|---|---|
| Jul 14, 2023 | Sold | ||
| Sold | |||
| Jun 2, 2023 | In contract | - | |
| In contract | |||
| May 16, 2023 | Price Decreased |
$409,900
↓ $15K
(3.5%) | |
| Price Decreased | |||
| May 3, 2023 | Listed by Keller Williams Realty Preferred Properties | $424,900 | |
| Listed by Keller Williams Realty Preferred Properties | |||
| | |||
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Waterfront Paradise Found! Million Dollar Views. Nothing is obstructing your views across the Westecunk Creek. Just a short ride to the Open Bay and all your summer or year round fun! This 3 Bedroom Retreat has a Newer Well, Softner and Grinder Pump. Fantastic Location for Bird Watching, Boating, FIshing, Long Beach Island Beaches, Atlantic City Fun and airport. This Open Floor Plan is delightful with Cathedral Ceilings! Riparian Lease for waterfront property is in place and only cost aprox. $350.00 a year.
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| Nov 18, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017