712 Reef Drive
About This Property
The lower level offers a flexible floor plan for an office or Family Room. There is a laundry Rm and full bathroom as well. Two car Garage with paver driveway and plenty of storage with the outside sheds and vinyl fencing for ultimate privacy.
Centrally located to the GSP and Rt 18 as well as the the beaches and all the wonderful dining areas at the Shore! This Is your home!
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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 |
|---|---|---|---|
| Apr 3, 2024 | Sold | ||
| Sold | |||
| Feb 7, 2024 | Listed by RE/MAX at Barnegat Bay | $535,000 | |
| Listed by RE/MAX at Barnegat Bay | |||
| Jul 26, 2022 | Sold | ||
| Sold | |||
| Apr 26, 2022 | Listed by RE/MAX Gateway | $425,000 | |
| Listed by RE/MAX Gateway | |||
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Come see this well maintained home on a large private lot off the beaten path. This 3 bedroom home features a clean sleek white kitchen open to the living room and dining room leading out to a large deck overlooking the wooded fenced backyard. The lower level offers a flexible floor plan with plenty of space for a game room and or office. Laundry and full bath on this level as well. The sliders lead out to the paver patio and fire pit. You will feel like you are far away from the world yet still close to everything.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017