552 Prospect 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 25, 2023 | No longer available | - | |
| No longer available | |||
| Jul 23, 2023 | Listed by Coldwell Banker Res. Brokerage | $4,500 | |
| Listed by Coldwell Banker Res. Brokerage | |||
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Excellent Summer rental opportunity! .7 miles to Spring Lake beach.! This charming home sits on Wreck Pond! and sleeps 12. Close proximity to train and parkway for commuting. Just 5 minutes to the famous bike path. Included are 5 bikes, an inflatable kayak,,5 beach chairs plus 8 beach badges. Live the Jersey Shore Lifestyle in one of the Best beach towns! This Wreck Pond home Has the perfect Bonus room on the third floor. Excellent restaurants and Shopping close by! Great opportunity for summer enjoyment! Winter rental available 9/15 to May 15. The manager has listed the unit size as 2288 square feet.
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| Jun 12, 2023 | Sold | ||
| Sold | |||
| Oct 4, 2022 | Listed by Weichert Realtors-Brick | $799,690 | |
| Listed by Weichert Realtors-Brick | |||
| Jul 23, 2019 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017