511 New Jersey 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%.
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 28, 2020 | Sold | ||
| Sold | |||
| Feb 20, 2020 | Listed by Folk Agency | $299,000 | |
| Listed by Folk Agency | |||
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Shore Living at its best! 5 Blocks to Pine Beach Pier!! Bring your boat, there is a dock you can rent down the street for that!!
Close to all shopping and restaurants! Updated eat in kitchen with granite counter tops and gas cooking!! Formal Dinning room with sliders to the heated Sun Room. Want to play cards, do puzzles, watch TV or dance, the all purpose Sun room has the space. It is heated with a gas fireplace!! So cozy!! Large fenced in yard with above ground pool!! Sweet hot tub that is private!! Call the children back home, full finished basement with a kitchen!! Sprinkler system, attic space and plenty of closet space in this fabulous home!
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| Oct 7, 2016 | Sold | ||
| Sold | |||
| Jul 7, 2016 | Listed by Pittenger Realty LLC | $289,900 | |
| Listed by Pittenger Realty LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017