51
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6 Jones Road
About This Property
The oversized living room features a cozy wood-burning fireplace, creating the perfect gathering space for family and friends. The large eat-in kitchen offers plenty of room for cooking and dining, complete with a breakfast bar for additional seating and convenience. A first-floor bedroom provides flexibility for guests, a home office, or multigenerational living. Upstairs, the enormous primary suite is a true retreat, featuring abundant closet space and plenty of room to relax. The home's thoughtful layout offers comfort, functionality, and character throughout.
A full unfinished basement provides endless possibilities for storage, a workshop, home gym, or future finishing to create additional living space tailored to your needs.
Outside, enjoy the newer front porch and a fully fenced backyard, ideal for entertaining, pets, or simply enjoying your own private outdoor space. Conveniently located close to major shopping, Route 9, and the Garden State Parkway, this home combines space, charm, and accessibility in one desirable package.
Don't miss the opportunity to make this beautiful Forked River home your own!
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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.
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About Forked River
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017