413 1/2 Leslie Avenue
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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.
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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 |
|---|---|---|---|
| May 8, 2023 | Sold | ||
| Sold | |||
| Dec 2, 2022 | Listed by Ward Wight Sotheby's International Realty | $689,000 | |
| Listed by Ward Wight Sotheby's International Realty | |||
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BRIELLE BEACH COTTAGE with a coastal flair, complimented with endless water views. A well thought out floor plan and attention to detail makes this 2 bedroom, 1.5 bath modern beach bungalow well suited for full-time living, weekend getaway, and/or income property. Fully renovated in 2018 with French oak plank flooring complimented by genuine slate tile flooring in full bath. Open kitchen with quartz counter tops and SS appliances, gas fireplace, Google Nest Protect smoke alarm & HVAC Monitoring system, and on-demand tankless water heater. Low maintenance exterior & landscape. Oversized 10 x 16 shed for extra storage. Uniquely located on the Brielle waterway with rollout dock and water access-great for kayak & SUP. 1 mile to Manasquan beaches and .3 miles to Brielle's waterfront restaurants Great summer & winter rental income history. Your coastal cottage awaits.
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| Sep 12, 2017 | Sold | ||
| Sold | |||
| May 17, 2017 | Listed by KeyTide Realty Group | $185,000 | |
| Listed by KeyTide Realty Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017