70 Cornell 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 |
|---|---|---|---|
| Aug 22, 2014 | Sold | ||
| Sold | |||
| Jun 2, 2014 | Listed by RE/MAX at Barnegat Bay - Manahawkin | $189,900 | |
| Listed by RE/MAX at Barnegat Bay - Manahawkin | |||
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Perfect starter home located in one of the most sought after locations in Stafford Twp. Deer Lake Park. This nicely landscaped 3 bedroom, 1 bath ranch is within walking distance to Manahawkin Lake Park & A Paul King Park, library, downtown shopping areas, restaurants, lake and just 10 minutes to LBI. Home features original hardwood floors, cozy fireplace in the large living room, dining room, enclosed sun porch to extend the summer living. Relax on the deck that overlooks a park like setting. Price to sell fast, so do not wait!
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About Manahawkin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017