42 Lake Huron Drive
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 |
|---|---|---|---|
| Oct 4, 2019 | Sold | ||
| Sold | |||
| Jul 10, 2019 | Listed by Coldwell Banker Home Connection Realty | $229,900 | |
| Listed by Coldwell Banker Home Connection Realty | |||
| May 26, 2017 | Sold | ||
| Sold | |||
| Mar 8, 2017 | Listed by RE/MAX at Barnegat Bay | $200,000 | |
| Listed by RE/MAX at Barnegat Bay | |||
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Enjoy living at the Jersey shore in this lovingly cared for 3 bed, 2 bath home w/open floor plan ready for you to move right into. New roof coming in Spring of 2017. 2 sitting areas, updated kitchen w/complete appliance pkg, large eating area. Beautiful fenced in backyard w/bulkhead and floating dock allowing you to enjoy the best of waterfront living. Close to the beaches of Long Beach Island, the fun of Atlantic City and easily accessible to the Garden State Parkway. Call today for a private showing.
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Property Highlights
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About Mystic Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017