709 Commonwealth Boulevard
About This Property
This amazing property is only 12 miles from Seaside, 2 miles to the GS Parkway, 2 miles to Route 9, 4 miles from Ocean County Mall, 15 miles from 195. This is a unique opportunity to own a great home and limitless opportunity .
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 31, 2023 | Sold | ||
| Sold | |||
| Nov 11, 2022 | Listed by C21/ Action Plus Realty | $388,000 | |
| Listed by C21/ Action Plus Realty | |||
| Apr 23, 2020 | Sold | ||
| Sold | |||
| Aug 10, 2019 | Listed by Parkvue Realty NJ LLC | $174,900 | |
| Listed by Parkvue Realty NJ LLC | |||
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3 Bedroom, 2 Bath Ranch in Manchester's Pine Lake Park.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017