506 Cedar Avenue
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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%.
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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 |
|---|---|---|---|
| Jan 22, 2021 | Sold | ||
| Sold | |||
| Nov 15, 2020 | Listed by Real Estate, LTD | $285,000 | |
| Listed by Real Estate, LTD | |||
| Nov 29, 2018 | Sold | ||
| Sold | |||
| Jun 21, 2018 | Listed by C21/ Action Plus Realty | $172,000 | |
| Listed by C21/ Action Plus Realty | |||
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Location Location!!!Ranch situated on large lot. Close to the Toms River, Beaches, Boating and more. The kitchen and dining room are open and spacious.Step out to a private patio surrounded by mature trees and a storage shed in back.RT 9 To Motor Rd. Right on Springfield to left on Cedar. Buyer is responsible for CO. Being Sold in ''AS IN'' Condition.Close to water.Vacant go and sell, this home will not last.
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About Pine Beach
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,000 /mo
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$2,950 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017