62 Illinois Avenue
About This Property
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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 9, 2024 | Sold | ||
| Sold | |||
| Jul 31, 2024 | In contract | - | |
| In contract | |||
| Jul 22, 2024 | Price Decreased |
$470,000
↓ $20K
(4.1%) | |
| Price Decreased | |||
| Jul 18, 2024 | Listed by RE/MAX at Barnegat Bay | $490,000 | |
| Listed by RE/MAX at Barnegat Bay | |||
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This beautiful colonial home located on a quiet street in Waretown offers 4 bedrooms and two and a half baths, and has been maintained meticulously! Walk in this home and unpack, nothing to do here!! Real Hardwood flooring throughout, high ceilings, gorgeous kitchen with custom backsplash, granite countertops, stainless appliances & panty. The slider leads to a very private, paver patio area with picturesque landscaping. Upstairs you'll find all 4 bedrooms including an impressive primary suite w/ an amazing walk in closet! Plenty of storage space both inside and out. 1 car garage plus storage shed. Close to the marinas & Route 9. about 20 mins to LBI and 5 to GSP
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| Dec 21, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017