557 Wayside Road
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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 5, 2024 | Sold | ||
| Sold | |||
| Jan 17, 2024 | Listed by RE/MAX Gateway | $375,000 | |
| Listed by RE/MAX Gateway | |||
| | |||
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BEST & FINAL Wednesday 1/24 at 3pm. Welcome to This 3BR/2BA Ranch, Nestled on a Generous Lot w/2-Car Garage in the Heart of Neptune, Minutes to the Beach, Shopping & Highways. Step Inside to Discover HDWD Floors, Pocket Doors & Abundant Closet Space Throughout the Spacious Living Area & BRs. The Primary BR Features a BA w/Shower. 2 Add'l BRs Share a 2nd BA w/Tub. The Efficient Kitchen Separates the Dining & LR. Unwind In the 3-Season Screened-In Porch. A Large Basement w/W&D Presents an Opportunity for Customization. Imagine Transforming It into Your Own Personal Retreat. Step Into the Backyard, a Space Brimming w/Possibilities for BBQ's & Entertainment. The Garage Sits Conveniently Off the Spacious Driveway. AS IS SALE- With a Few Upgrades, it Has the Great Potential.
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| Sep 21, 2016 | Sold | ||
| Sold | |||
| May 17, 2016 | Listed by Jersey Shore Real Estate Group Associates LLC | $249,000 | |
| Listed by Jersey Shore Real Estate Group Associates LLC | |||
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About Neptune
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017