43 Inlet 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 |
|---|---|---|---|
| Mar 7, 2025 | Sold | ||
| Sold | |||
| Jul 22, 2024 | In contract | - | |
| In contract | |||
| Jun 18, 2024 | Listed by Keller Williams Realty West Monmouth | $399,900 | |
| Listed by Keller Williams Realty West Monmouth | |||
| Jun 16, 2022 | No longer available | - | |
| No longer available | |||
| May 31, 2022 | Listed by COREY J SCHNEIDER | $175,000 | |
| Listed by COREY J SCHNEIDER | |||
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This is one of three lots being sold together. The others are 41 & 41A Inlet Drive. This lot has no street frontage, only lot 25.02 (41 Inlet Dr.) has street frontage. It appears to be zoned MC-Marine Commercial. It is next to Loughran Point Park. The Buyer shall be responsible to complete all desired Due Diligence to Buyers' satisfaction with respect to but not limited to, the physical condition of the property, financing, appraised value, the condition of title to the property, zoning, flood zone, and as to the feasibility and suitability of the property for Buyers intended purpose. Copies of the tax map and zoning map are in the media section for download for your convenience.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017