525 Bayview Drive
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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 |
|---|---|---|---|
| Jun 5, 2024 | Sold | ||
| Sold | |||
| Jun 14, 2023 | Listed by RE/MAX Revolution | $1,999,900 | |
| Listed by RE/MAX Revolution | |||
| Feb 3, 2023 | Sold | ||
| Sold | |||
| Jun 17, 2022 | Listed by Liberty Realty, LLC | $749,000 | |
| Listed by Liberty Realty, LLC | |||
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GREEN ISLAND OPEN BAY! Currently the only available opportunity to live directly on the open Silver & Barnegat Bay on prestigious and highly sought after Green Island! The opportunities and potential are endless to live your best life enjoying boating & water sports, breathtaking sunrise & sunset water views and be surrounded by multi-million dollar homes tucked away in this upscale, yet quaint, secluded neighborhood.
Enter your home to dramatic soaring 18ft vaulted ceilings and wide-open living room/kitchen layout featuring granite counters, ss appliances, a wood-burning fireplace and expansive Bay views from each room with sliders to your outdoor waterfront paradise. 1st floor also offers 2 spacious bedrooms (one with private entrance/exit to home), full bath, laundry room & attached garage. 2nd floor features 2 more spacious bdrms, another full bath all w/ ample closet & storage space. Home is turn-key but has endless potential to let your imagination and creativity run wild to design your own open bay oasis inside & out!
Community offers optional association w/ 2 private beaches and just minutes to Kettle Creek marinas, Hooper Ave shops, restaurants and GSP, Rt. 37, Seaside & Mantoloking Bridges.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017