7 Pine Grove 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 |
|---|---|---|---|
| Jul 30, 2013 | Sold | ||
| Sold | |||
| Feb 14, 2013 | Listed by RE/MAX at Barnegat Bay - Manahawkin | $89,900 | |
| Listed by RE/MAX at Barnegat Bay - Manahawkin | |||
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Enjoy the vacation lifestyle of Perrys Lake an active 55+ community without the high costs. This 2 bedroom 2 bath Manasquan model features a Morning room, wrap around kitchen, large open living/dining room with gas fireplace. The spacious master bedroom features a huge walk in closet for lots of storage plus French doors to the spa like master bath. There are double sinks, shower stall and a soaking tub for relaxing. Perrys Lake features a club house, in ground pool, shuffleboard, activities and is located within walking distance to department stores, grocery stores, restaurants, banks and just a short drive to the sandy beaches of Long Beach Island, marinas for boating & fishing, movie theatre, Stafford Twp Arts Center, Historic sites and just a 30 minute drive to the Atlantic City Nightlife and casinos. To make this home yours, call today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017