703 Colgate 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 4, 2024 | Sold | ||
| Sold | |||
| Aug 23, 2024 | In contract | - | |
| In contract | |||
| Aug 4, 2024 | Listed by Weichert Realtors-Forked River | $650,000 | |
| Listed by Weichert Realtors-Forked River | |||
| Jul 11, 2022 | Sold | ||
| Sold | |||
| Apr 28, 2022 | Listed by Keller Williams Realty Central Monmouth | $599,999 | |
| Listed by Keller Williams Realty Central Monmouth | |||
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OPPORTUNITY KNOCKS! Sprawling Lacey ranch in the desirable Oakfield Section of Lanoka Harbor. This well maintained and manicured home features a stunning kitchen with new quartz countertops, flooring and custom cabinetry. Open foyer leads to an inviting living room w vaulted ceiling and cozy updated fireplace. All bedrooms are of ample size and well appointed closets. Worry free updates include a tankless hot water heater and boiler replaced four months ago. Central air system replaced one year ago and a roof that was replaced four years ago. Maintenance free brick and vinyl exterior. Sprinkler system, oversized garage with new aluminum doors and openers are just some of the additional perks. Beautiful in-ground pool with a liner that was replaced last July year make this home a must see Walking distance to Ocean Counties finest parks and schools and conveniently located for commuting less than one mile from the GSP. Come take a look at this move in ready beautiful home. --
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017