413 Washington 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 26, 2016 | Sold | ||
| Sold | |||
| May 31, 2015 | Listed by Ward Wight Sotheby's International Realty | $2,725,000 | |
| Listed by Ward Wight Sotheby's International Realty | |||
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Ready for Spring 2016 Occupancy!!! New custom home centrally located in beautiful Spring Lake. 4 levels of gracious shore living expertly designed and built by architect Jason Lusardi and AV Murphy Builders (Red Bank), 2 of the area's most sought after construction professionals. Expansive open floor plan, also includes private first floor study. Gourmet kitchen with island, granite/marble countertops, walk-in pantry, Custom inset kitchen cabinetry. Full finished basement with family room, full bath and oversized egress windows for maximum natural light. Basement can also accommodate a legal sixth bedroom, home gym or screening room - buyer has time to decide! Blue stone covered porch and outdoor shower/changing room; landscape package with irrigation; emergency generator included.
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| Feb 2, 2015 | Sold | ||
| Sold | |||
| Oct 13, 2014 | Listed by D'Amico & McConnell Realtors | $1,185,000 | |
| Listed by D'Amico & McConnell Realtors | |||
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About Spring Lake
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017