701 Lyman 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 |
|---|---|---|---|
| Oct 31, 2018 | Sold | ||
| Sold | |||
| Aug 21, 2018 | Listed by C21/ Herbertsville Real Estate | $559,900 | |
| Listed by C21/ Herbertsville Real Estate | |||
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Newly updated, move in ready home in desirable Brielle location. Kitchen includes soft close cabinets, granite & new S/S appliances. Large master bedroom with walk in closet and organizer systems. Bathroom with granite vanity & tiled bath. Hardwood flooring through out upper level. Family room boasts natural gas fireplace surrounded by stone and with elegant built-ins and wood-look tile flooring. New central air, roof, and high-efficiency gas boiler/water heater. Enjoy summers relaxing by the in-ground pool with new liner, cover and pump. Located across from local park and short walk from Brielle Elementary School. Walking distance to downtown Manasquan and waterfront dining.
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| Jan 29, 2015 | Sold | ||
| Sold | |||
| Aug 5, 2014 | Listed by Childers Sotheby's Intl Realty | $399,000 | |
| Listed by Childers Sotheby's Intl Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017