525 Route 35
About This Property
This is one of the Jersey Shore's finest communities.
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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 |
|---|---|---|---|
| Mar 15, 2019 | Sold | ||
| Sold | |||
| Nov 3, 2018 | No longer available | - | |
| No longer available | |||
| Nov 1, 2018 | Listed by Ward Wight Sotheby's International Realty | $829,900 | |
| Listed by Ward Wight Sotheby's International Realty | |||
| Apr 2, 2018 | Listed | $859,900 | |
| Listed | |||
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WATERFRONT...Ocean breezes, sand in your toes, seashell hunts and gorgeous sunsets. Make your memories here this summer at Normandy Beach. This Cove front property is ideally situated on a large lot with expansive views of the cove. A hop, skip to the beach by day, and back to the cove and pool in the afternoon. Dock off the rear. Inground pool for a dip after a hot day on the beach. This home features an open concept floor plan (virtually staged fam rm & dr ), 2 family rooms...one up,one down and generously sized bedrooms... Two of which are ensuites. The Normandy Beach Association offers planned activities and fun for everyone! This is one of the Jersey Shore's finest communities.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About Ocean
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017