42 Jonathan Drive
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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 27, 2020 | Sold | ||
| Sold | |||
| Apr 7, 2020 | Listed by Century 21 Action Plus Realty | $524,900 | |
| Listed by Century 21 Action Plus Realty | |||
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Welcome to your new happy place in Beach Haven West! This raised ranch was meticulously & thoughtfully built with just about everything you would want in your new house. The upper level has the three Bedrooms, including the Master Bedroom facing the water with its own full Bathroom and access to rear deck. Also upstairs is a full Kitchen w/center island and open Living/Dining space. The lower level has an additional 600+ sq/ft finished legal living space with another full Bathroom, along with direct-entry to a spacious 2-car garage. This perfect beauty is located on a large lot with 75' on the water, has a newer bulkhead and dock, and the ground elevation is so high, you don't even need flood insurance! This is the waterfront home you've been waiting for! **SEE LINK FOR VIRTUAL TOUR!**
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017