718 Lorillard Avenue
About This Property
Featuring Hardwood Floors Thru Out,Gorgeous Eat In Kitchen With Stainless Steel Appliances,
Vented Stove Hood, Center Island,Sliders To Wood Deck And Rear Yard Patio,Vinyl Fenced Yard,Rocking Chair Front Porch,Master Suite
With Tray Ceiling,Full Bath,Walk In Closet,
Maintenance Free Vinyl Siding,Energy Efficent Gas Heating,Central Air,Granite Countertops,
Plus More.
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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 21, 2023 | Sold | ||
| Sold | |||
| Nov 9, 2022 | Listed by RE/MAX Imperial | $469,000 | |
| Listed by RE/MAX Imperial | |||
| Feb 14, 2017 | Sold | ||
| Sold | |||
| Nov 17, 2016 | Listed by C21/ Chas Smith Agency | $45,000 | |
| Listed by C21/ Chas Smith Agency | |||
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Ranch style home located in Union Beach. Property located in flood zone. All information on requirements for lifting the home must be obtained by the Selling Agent, and must come from the Boro of Union Beach. This sale is strictly ASIS. Buyer is responsible for all inspections. No utility service will be turned on.
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About Union Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017