411 Morris Boulevard
About This Property
Payment Calculator
Your Estimated Monthly Payment
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%.
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 26, 2023 | Sold | ||
| Sold | |||
| Aug 8, 2023 | Listed by The Van Dyk Group - Barnegat | $899,999 | |
| Listed by The Van Dyk Group - Barnegat | |||
| | |||
|
Raised and expanded 4 bedroom, 3 bath, 2184 sq foot ranch(3 minutes from the bay), with 2184 sq feet of heated storage below for all the “toys”. Raised and updated in 2013, this home is a waterfront dream. Tired of stairs? This home has a “cargo lift” outside to take you and/or your parcels up. Enter the home into a bright foyer which leads to the living room, complete with a modern gas wall fireplace. The kitchen has granite countertops (with room to seat 8 people on bar stools) and stainless appliances. The dining and family rooms have a wall of windows that extend the length of the rear of the home. The master bedroom has cathedral ceilings, a walk in closet and 2 other closets. The master bath (and all other bathrooms) have walk in showers, no tubs, and high toilets. The 2nd bedroom was an addition and is a suite with a full private bath, which actually has access to the rear deck for when you are outside. There are also 2 other bedrooms and another full bath. Hardwood floors throughout, keyless entry system, pull down attic stairs to stand up storage, ceiling fans, tankless hot water heater, newer roof, wine fridge and dry bar, and did I mention the plus 2100 sq feet of storage below and so much more. Outside you will find a 12 yr old bulkhead, a wide lagoon, which is 10 foot deep, a floating dock, deck with awning off family/dining rooms, covered patio below, outside shower, room to park 4 cars, and so much more.
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017