718 Wall Road
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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 |
|---|---|---|---|
| Feb 9, 2021 | Sold | ||
| Sold | |||
| Dec 19, 2020 | Listed by Coldwell Banker Realty | $509,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Fantastic opportunity to get into Spring Lake Heights! This is the perfect starter home for the first-time buyer, down-sizer for the empty nester, or even a weekend getaway beach house! Adorable, turn-key home with newer kitchen, new bathroom, hardwood floors, and just 8 blocks from Spring Lake beaches! Huge, private and fenced backyard for play, and an awesome screened in front porch for coffee or cocktails while waiting to greet guests! One block to shops and restaurants, great school system, and everything the Shore lifestyle has to offer!
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| Oct 1, 2020 | No longer available | - | |
| No longer available | |||
| Sep 22, 2020 | Relisted | $509,000 | |
| Relisted | |||
| Sep 4, 2020 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017