
18
Map


6701 Atlantic Avenue #311
About This Property
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Cap Rate Calculator
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 |
---|---|---|---|
Nov 26, 2024 | No longer available | - | |
No longer available | |||
Oct 25, 2024 | In contract | - | |
In contract | |||
Oct 8, 2024 | Price Decreased |
$210,000
↓ $10K
(4.5%) | |
Price Decreased | |||
Sep 22, 2024 | Relisted | $219,900 | |
Relisted | |||
Sep 21, 2024 | Price Decreased |
$219,900
↓ $10K
(4.4%) | |
Price Decreased |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
11/28/2023
|
1 Bed
|
1 Bath
|
-
|
$299,000
1 Bed
1 Bath
|
-
-
|
-
|
Marguerite Byron-Alosi
HOFFMAN AGENCY
| |
10/30/2023
|
1 Bed
|
1 Bath
|
-
|
$259,990
1 Bed
1 Bath
|
-
-
|
-
|
Albert Stracciolini
BERKSHIRE HATHAWAY HS FOX & ROACH tv
| |
08/31/2023
|
1 Bed
|
1 Bath
|
-
|
$250,000
1 Bed
1 Bath
|
-
-
|
-
|
Michael C. Powers
KELLER WILLIAMS REALTY JERSEY SHORE - AV
| |
08/23/2023
|
1 Bed
|
1 Bath
|
-
|
$239,900
1 Bed
1 Bath
|
-
-
|
-
|
Michael C. Powers
KELLER WILLIAMS REALTY JERSEY SHORE - AV
| |
09/01/2022
|
1 Bed
|
1 Bath
|
420 ft²
|
$229,900
1 Bed
1 Bath
420 ft²
|
-
-
|
-
|
Steve Soldatovic
COMPASS RE - Ocean City
| |
08/26/2020
| |
1 Bed
|
1 Bath
|
-
|
$119,000
1 Bed
1 Bath
|
-
-
|
-
|
-
|
03/01/2021
|
1 Bed
|
1 Bath
|
416 ft²
|
$134,900
1 Bed
1 Bath
416 ft²
|
-
-
|
-
|
-
| |
02/16/2021
|
1 Bed
|
1 Bath
|
-
|
$135,000
1 Bed
1 Bath
|
-
-
|
-
|
-
| |
11/07/2020
|
1 Bed
|
1 Bath
|
420 ft²
|
$134,900
1 Bed
1 Bath
420 ft²
|
-
-
|
-
|
-
| |
09/22/2020
|
1 Bed
|
1 Bath
|
420 ft²
|
$155,000
1 Bed
1 Bath
420 ft²
|
-
-
|
-
|
-
| |
09/22/2020
|
1 Bed
|
1 Bath
|
420 ft²
|
$139,000
1 Bed
1 Bath
420 ft²
|
-
-
|
-
|
-
| |
09/02/2020
|
1 Bed
|
1 Bath
|
420 ft²
|
$139,000
1 Bed
1 Bath
420 ft²
|
-
-
|
-
|
-
| |
09/01/2020
|
1 Bed
|
1 Bath
|
420 ft²
|
$137,000
1 Bed
1 Bath
420 ft²
|
-
-
|
-
|
-
| |
08/26/2020
|
1 Bed
|
1 Bath
|
331 ft²
|
$119,000
1 Bed
1 Bath
331 ft²
|
-
-
|
-
|
-
| |
08/21/2020
|
1 Bed
|
1 Bath
|
416 ft²
|
$124,900
1 Bed
1 Bath
416 ft²
|
-
-
|
-
|
-
| |
08/10/2020
|
1 Bed
|
1 Bath
|
444 ft²
|
$174,900
1 Bed
1 Bath
444 ft²
|
-
-
|
-
|
-
| |
05/06/2020
|
Studio
|
1 Bath
|
-
|
$118,900
Studio
1 Bath
|
-
-
|
-
|
Donna Leyland
COASTAL ELITE REALTY
| |
01/15/2020
|
1 Bed
|
1 Bath
|
420 ft²
|
$134,900
1 Bed
1 Bath
420 ft²
|
-
-
|
-
|
-
| |
09/16/2019
|
1 Bed
|
1 Bath
|
380 ft²
|
$119,999
1 Bed
1 Bath
380 ft²
|
-
-
|
-
|
-
| |
08/06/2019
|
1 Bed
|
1 Bath
|
420 ft²
|
$139,000
1 Bed
1 Bath
420 ft²
|
-
-
|
-
|
-
| |
05/26/2019
|
1 Bed
|
1 Bath
|
-
|
$141,500
1 Bed
1 Bath
|
-
-
|
-
|
-
| |
04/05/2019
|
1 Bed
|
1 Bath
|
420 ft²
|
$135,000
1 Bed
1 Bath
420 ft²
|
-
-
|
-
|
-
| |
04/05/2019
|
1 Bed
|
1 Bath
|
420 ft²
|
$140,000
1 Bed
1 Bath
420 ft²
|
-
-
|
-
|
-
| |
03/04/2019
|
1 Bed
|
1 Bath
|
-
|
$148,500
1 Bed
1 Bath
|
-
-
|
-
|
-
| |
02/11/2019
|
1 Bed
|
1 Bath
|
445 ft²
|
$175,000
1 Bed
1 Bath
445 ft²
|
-
-
|
-
|
-
| |
10/09/2018
|
1 Bed
|
1 Bath
|
444 ft²
|
$179,900
1 Bed
1 Bath
444 ft²
|
-
-
|
-
|
-
| |
01/14/2019
|
Studio
|
1 Bath
|
331 ft²
|
$82,000
Studio
1 Bath
331 ft²
|
$80,000
-2.44%
05/07/2019
|
-
|
JOHN CLIDY
Keller Williams Realty - Washington Township
| |
12/13/2018
|
Studio
|
1 Bath
|
330 ft²
|
$74,880
Studio
1 Bath
330 ft²
|
-
-
|
-
|
-
| |
05/14/2018
|
1 Bed
|
1 Bath
|
420 ft²
|
-
1 Bed
1 Bath
420 ft²
|
-
-
|
-
|
-
| |
05/30/2018
|
Studio
|
1 Bath
|
-
|
-
Studio
1 Bath
|
-
-
|
-
|
-
| |
05/07/2018
|
Studio
|
1 Bath
|
270 ft²
|
-
Studio
1 Bath
270 ft²
|
-
-
|
-
|
-
| |
07/08/2017
| |
Studio
|
1 Bath
|
300 ft²
|
-
Studio
1 Bath
300 ft²
|
-
-
|
-
|
-
|
04/26/2010
|
Studio
|
1 Bath
|
-
|
$90,000
Studio
1 Bath
|
$80,000
-11.11%
06/15/2012
|
-
|
Nancy Casey
BERKSHIRE HATHAWAY HS FOX & ROACH MH South
|
Building Info
- 2 Units for Sale
