510 Azalea Drive
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 |
|---|---|---|---|
| Sep 26, 2024 | Sold | ||
| Sold | |||
| Aug 18, 2024 | In contract | - | |
| In contract | |||
| Jul 30, 2024 | Listed by Keller Williams Realty West Monmouth | $550,000 | |
| Listed by Keller Williams Realty West Monmouth | |||
| Jul 17, 2015 | Sold | ||
| Sold | |||
| Jan 6, 2015 | Listed by C21/ Lawrence Realty | $235,000 | |
| Listed by C21/ Lawrence Realty | |||
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What a great location, close to the beaches and Point Pleasant, this home sits in a quiet neighborhood with plenty of living space. The home offers hardwood floors on the second level with a huge family room on the first and an option for a 5th bedroom. The bathrooms have been updated and the master bath offers a large walk-in shower and a extra deep tub. The backyard can be your summer paradise with multi level decking, inground pool and shed with no neighbors behind you!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017