521 Nautilus 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 |
|---|---|---|---|
| Nov 29, 2023 | Sold | ||
| Sold | |||
| Nov 1, 2023 | In contract | - | |
| In contract | |||
| Aug 29, 2023 | Listed by Keller Williams Realty Preferred Properties | $397,000 | |
| Listed by Keller Williams Realty Preferred Properties | |||
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Beautifully updated and expanded ranch-style home in the desirable Ocean Acres section of Manahawkin. This spacious single-story residence boasts three bedrooms, a modern bathroom, and a thoughtfully designed layout that offers both comfort and functionality. The home has been meticulously renovated, featuring contemporary finishes and an expanded living area that provides ample space for relaxation and entertainment. Enjoy the convenience of updated amenities, a well-appointed kitchen, and room to build a serene backyard for outdoor enjoyment. Located in a sought-after community, this property offers a perfect blend of modern living and coastal charm.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017