69 Barnegat Beach Drive
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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 |
|---|---|---|---|
| Dec 7, 2016 | Sold | ||
| Sold | |||
| Oct 4, 2016 | Listed by RE/MAX at Barnegat Bay - Forked River | $89,900 | |
| Listed by RE/MAX at Barnegat Bay - Forked River | |||
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Reduced! Close proximity to all things shore-like. Location has easy access to GSP for commuters. This 3 bedroom, 1 bath home with a detached garage is ready for total rehab or perhaps, knock down and build your new home in a beautiful waterfront community. Come see what the possibilities could be.Look at the size of the lot - 200 x 100'- and you are less than a mile to the bay! Perfect for your investor.
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| Aug 12, 2016 | Listed by RE/MAX at Barnegat Bay - Forked River | $89,900 | |
| Listed by RE/MAX at Barnegat Bay - Forked River | |||
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|
REDUCED! This 3 bedroom 1 bath home with a detached garage is ready for total rehab or more likely, knock down and build your new home in a beautiful waterfront community. Come see what the possibilities could be. Look at the size of the lot - 200 x 100' - and you are less than a mile to the bay! Perfect for your investor.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017