701 Drexel Road
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 29, 2022 | Sold | ||
| Sold | |||
| Jun 9, 2022 | Listed by RE/MAX at Barnegat Bay - Forked River | $450,000 | |
| Listed by RE/MAX at Barnegat Bay - Forked River | |||
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Stunning custom ranch tucked away in desirable Oakfield. Set back from the street, home provides a sense of privacy. Welcoming picturesque curb appeal makes an excellent first impression. Upon stepping into the foyer, you'll notice the house is immaculately kept. Large living room with light streaming through picture window is the start of the NEW gleaming floors that travel throughout the home. Newer eat-in kitchen with gleaming countertops, ornate backsplash & full appliance package. Kitchen sliders open out to a covered back porch. Back porch is a sanctuary to dine al fresco, take in the fresh air & enjoy the gardens. Back inside spacious master bedroom suite ( full bath/walk in closet) is ideally separated from guest bedrooms for max privacy. Too many extras to list: NEW whole house generator ready to go, underground sprinklers on well, newer heating system, newer washer, dryer & refrigerator, NEW 24 × 24 detached workshop is heated. Wow this is a must see!
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| May 6, 2019 | Sold | ||
| Sold | |||
| Feb 25, 2019 | Listed by RE/MAX at Barnegat Bay | $300,000 | |
| Listed by RE/MAX at Barnegat Bay | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017