49 Illinois 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 |
|---|---|---|---|
| Jul 27, 2026 | In contract | - | |
| In contract | |||
| Jul 9, 2026 | Listed by RE/MAX at Barnegat Bay | $350,000 | |
| Listed by RE/MAX at Barnegat Bay | |||
| May 22, 2026 | In contract | - | |
| In contract | |||
| May 11, 2026 | Listed by RE/MAX at Barnegat Bay | $340,000 | |
| Listed by RE/MAX at Barnegat Bay | |||
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Rock the afternoons away on this adorable front porch and enjoy the evenings in your spacious living room overlooking the remodeled kitchen and large dining area! Laminate flooring throughout leads you to the HUGE master bedroom with extra large closet space and plenty of room for the biggest furnishings. Enjoy a level, fully fenced back yard with room for the pets or swing set and then some. Large shed included . Enormous main bathroom, laundry room, storage closet/pantry. You wont be short on space here! Conveniently located near Route 9, grocery, shopping, dining and the Beaches of LBI! Straight shot out to the parkway for commuters. NEW TANKLESS HOT WATER HEATER- NEWER ROOF
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| Dec 20, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017