43 Compass Road
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 |
|---|---|---|---|
| Jun 15, 2018 | Sold | ||
| Sold | |||
| Apr 20, 2018 | Listed by Century 21 Action Plus Realty - Forked River | $350,000 | |
| Listed by Century 21 Action Plus Realty - Forked River | |||
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Ultimate boater?s dream location! One lagoon to the bay and overlooking protected lands, giving you privacy and never ending spectacular views! Property is just shy of 150? of bulkhead with 115? on the Oyster Creek and across the bay from Tices Shoal and the Barnegat Inlet. Enjoy the 3 jet ski lifts, whips and electric at dock. This warm, inviting raised ranch consists of a living room w/gas fireplace overlooking a spacious kitchen, 2 nicely sized bedrooms and renovated full bath. Gas HW baseboard heat and split system a/c makes heating and cooling very efficient. Under the home is a concrete pad, perfect for parking your car/truck or just sitting outside admiring the views while taking cover from the sun. Outdoor shower completes this perfect waterfront retreat. Can come fully furnished.,Enjoy the convenience of launching your boat just mile away at Sands Point Park! Waretown residents enjoy lower taxes than neighboring towns while benefitting from it superior water and land location with close proximity to the Barnegat Inlet and Tices Shoal. 20 Minutes door to the shores of LBI. Under an hour to Atlantic City and under 2 hours to NYC and Philadelphia!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017