720 Bermuda Drive
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 |
|---|---|---|---|
| Dec 14, 2020 | Sold | ||
| Sold | |||
| Aug 1, 2020 | Listed by RE/MAX at Barnegat Bay - Forked River | $214,900 | |
| Listed by RE/MAX at Barnegat Bay - Forked River | |||
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Turn key, stylish and affordable 3 bedroom ranch in a great waterfront community in Forked River. This home has been completely transformed and updated and offers bright and open spaces, a new roof, new HVAC with central A/C and new flooring throughout. You are welcomed in by the charming covered front porch and into the spacious living room. The new kitchen features a full stainless steel appliance package, white cabinets, stone counters, tile back splash and dining area. There are 3 bedrooms with new carpet including the larger master, trendy and attractive new bathroom, laundry/utility room with separate entrance out to the fenced side yard and large driveway for plenty of parking. Lots of value at this price and a great central location. Make your plans to check it out today!
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| Jun 18, 2020 | Sold | ||
| Sold | |||
| Feb 10, 2020 | Listed by Home Alliance Realty, LLC | $95,000 | |
| Listed by Home Alliance Realty, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017