420 Thomas Avenue
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 11, 2019 | Sold | ||
| Sold | |||
| Jan 18, 2019 | Listed by RE/MAX at Barnegat Bay | $59,900 | |
| Listed by RE/MAX at Barnegat Bay | |||
| Jan 17, 2019 | No longer available | - | |
| No longer available | |||
| Oct 14, 2016 | Listed | $59,900 | |
| Listed | |||
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Build your dream home here with abundance of privacy. Over 300 Ft on Thomas Ave and over 1300 ft deep, you will have the privacy you desire but close to everything. Close to Exit 58 on the Parkway, , 1/2 hour to Nightlife of Atlantic City, 20 Minutes to Beaches of LBI , 1 Hour to Philadelphia and 2 hours to New York. Don't delay call today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017