597 Route 9
About This Property
Adjacent property also for sale.
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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 |
|---|---|---|---|
| Feb 22, 2017 | Sold | ||
| Sold | |||
| Feb 21, 2015 | Listed by Real Estate, LTD | $125,000 | |
| Listed by Real Estate, LTD | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/14/2025
| |
2 Bed
|
1 Bath
|
783 ft²
|
$339,990
2 Bed
1 Bath
783 ft²
|
$300,000
-11.76%
08/14/2025
|
Joy Bearden
Keller Williams Shore Properties
|
|
03/07/2022
| |
Loft
|
-
|
-
|
$249,900
Loft
-
|
$245,000
-1.96%
08/02/2022
|
Robert Kosinski
RE/MAX at Barnegat Bay
|
|
02/20/2019
| |
Studio
|
-
|
783 ft²
|
$159,000
Studio
-
783 ft²
|
-
-
|
-
|
|
02/21/2015
| |
Loft
|
-
|
-
|
$125,000
Loft
-
|
$115,000
-8.00%
02/22/2017
|
Timothy Stauffer
RE/MAX Real Estate Limited - Brick
|
Building Info
About Ocean
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017