536 Morris Boulevard
About This Property
Step inside this highly maintained home which features 42'' kitchen cabinets, pantry, backsplash, full appliance package, new carpeting, central air, gas heat, pull down attic with ample storage, ceiling fans, wood laminate flooring, laundry room, and a spacious dining room. Step outside the rear door and you will enter into your own mature landscaped fully fenced backyard oasis including a two tier deck, and large shed for your toys/lawn equipment or anything you can imagine.The driveway is extra wide to accommodate your vehicles. All of this ''plus''you are just minutes to LBI, shopping, dining, hospitals and entertainment. Welcome to the Jersey shore! Make your appointment to see this one today- you will be happy you did.
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Cap Rate Calculator
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 12, 2024 | Sold | ||
| Sold | |||
| Oct 5, 2024 | In contract | - | |
| In contract | |||
| Sep 6, 2024 | Price Decreased |
$380,000
↓ $19K
(4.8%) | |
| Price Decreased | |||
| Aug 28, 2024 | Listed by Coldwell Banker Flanagan Realty | $399,000 | |
| Listed by Coldwell Banker Flanagan Realty | |||
| Nov 9, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017