48 Channel 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 |
|---|---|---|---|
| Feb 19, 2020 | Sold | ||
| Sold | |||
| Oct 23, 2019 | Listed by RE/MAX New Beginnings Realty | $699,999 | |
| Listed by RE/MAX New Beginnings Realty | |||
| | |||
|
Stunning 5-6 Bedroom 4 Full Bath Waterfront home. New 140' vinyl bulkhead. Walk through the front door and WOW! Open floor plan, gleaming real hardwood floors, windows with waterviews everywhere and a gorgeous kitchen. There is a bedroom and full bath on this floor too. Spiral staircase leads to the ground floor garages and large storage area. Come up the main staircase and this level features 3 bedrooms with great water views and a large master suite with full bath, walk in closet and sliders leading to the private balcony. The laundry is on this floor too! We are NOT done yet...Come up to the loft with a full bath and private balcony. The loft can be your 6th bedroom or rec room with great views of the water. Bring your water toys! Short walk to the beach club with optional membership.
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| Jul 19, 2019 | No longer available | - | |
| No longer available | |||
| Jul 18, 2019 | Listed by RE/MAX New Beginnings Realty-Toms River | $699,999 | |
| Listed by RE/MAX New Beginnings Realty-Toms River | |||
| | |||
|
Stunning 5-6 Bedroom 4 Full Bath Waterfront home. New 140' vinyl bulkhead. Walk through the front door and WOW! Open floor plan, gleaming real hardwood floors, windows with waterviews everywhere and a gorgeous kitchen. There is a bedroom and full bath on this floor too. Spiral staircase leads to the ground floor garages and large storage area. Come up the main staircase and this level features 3 bedrooms with great water views and a large master suite with full bath, walk in closet and sliders leading to the private balcony. The laundry is on this floor too! We are NOT done yet...Come up to the loft with a full bath and private balcony. The loft can be your 6th bedroom or rec room with great views of the water. Bring your water toys! Short walk to the beach club with optional membership.
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| Jun 30, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017