5 RUTH RD
About This Property
Inside, the open layout provides comfortable everyday living, while the primary suite features a soaking tub and separate shower. Recent updates include a new dishwasher and washing machine, and the durable metal roof offers long-lasting value and peace of mind. A storage shed adds even more convenience.
The friendly community offers a pool, clubhouse, planned activities, and a variety of amenities that make it easy to stay active, socialize, or simply enjoy a more relaxed lifestyle. With LBI's beaches, dining, and entertainment only minutes away, this home offers the perfect combination of comfort, community, and Jersey Shore living. The community fee includes lot rent, water, trash, taxes, pool, clubhouse, amenities, and planned activities, making it easy to enjoy a low-maintenance life. Schedule your private tour today!
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Cap Rate Calculator
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 13, 2026 | Price Decreased |
$89,900
↓ $10K
(10%) | |
| Price Decreased | |||
| Oct 6, 2026 | Price Decreased |
$99,900
↓ $10K
(9.1%) | |
| Price Decreased | |||
| Sep 15, 2026 | Price Decreased |
$109,900
↓ $5K
(4.4%) | |
| Price Decreased | |||
| Aug 24, 2026 | Price Decreased |
$114,900
↓ $5K
(4.2%) | |
| Price Decreased | |||
| Jul 29, 2026 | Price Decreased |
$119,900
↓ $5K
(4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017