617 PITNEY ROAD
About This Property
Listed By
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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 |
|---|---|---|---|
| Sep 22, 2026 | In contract | - | |
| In contract | |||
| Sep 7, 2026 | Listed by NJ Elite Group LLC | $399,000 | |
| Listed by NJ Elite Group LLC | |||
| Jul 17, 2026 | Relisted | $395,000 | |
| Relisted | |||
| Jun 19, 2026 | In contract | - | |
| In contract | |||
| Jun 2, 2026 | Listed by OCF Realty LLC | $395,000 | |
| Listed by OCF Realty LLC | |||
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Amazing in Absecon! Welcome to 617 Pitney Road, where comfort, style, and easy living come together in this beautifully maintained and thoughtfully updated home. From the moment you step inside, you're greeted by a spacious open-concept living room featuring newer luxury vinyl plank flooring that flows seamlessly throughout the home, creating a warm and modern feel.The inviting kitchen offers newer appliances, abundant cabinetry, and an adjoining dining area perfect for everyday living and entertaining alike. Just beyond the kitchen is an oversized laundry and utility room complete with a tankless on-demand water heater/furnace combo, newer washer and dryer, and plenty of shelving and storage space. Step through the sliding doors into your private fenced backyard oasis featuring a large deck, above-ground pool, and generous yard space ready for summer gatherings, pets, play, or simply relaxing outdoors. This versatile home features 3 generously sized bedrooms, 2 updated full bathrooms, and a large bonus room ideal for a possible 4th bedroom, home office, gym, playroom, media room, or guest space. Additional highlights include glareguard on the primary bedroom window for added comfort and privacy. For added convenience, the home can be sold furnished with only a few exclusions, making this a truly move-in-ready opportunity. Don't miss your chance to own this wonderful home close to shopping, dining, schools, and everything Absecon has to offer!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017