720 Conifer 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 |
|---|---|---|---|
| May 5, 2023 | Sold | ||
| Sold | |||
| Mar 16, 2023 | Listed by Keller Williams Realty Monmouth/Ocean | $450,000 | |
| Listed by Keller Williams Realty Monmouth/Ocean | |||
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Get Comfy and Cozy in this 3 Bedroom 2 Bath w/1 car garage Ranch. JUST MOVE RIGHT IN ! Owner updated and upgraded thru-out & customized for a growing family. Open Concept for entertaining. Oversized back yard includes above ground pool and swing set for the kiddos. Storage Shed, Vinyl Fence & Sunroom Addition adding 264 more SQ FT. PLUS temp control to name a few big ticket items - Newer windows, doors, roof, HVAC, A/C & tankless WH, flooring thru out. Income producing Solar System along with Charging Station for your Electric Car both energy saving and energy producing. Modern Kitchen is tastefully updated w/ subway backsplash, stainless appliances & Stone C-Top. Great Neighborhood, Great Schools, & commuter friendly. Schedule your appointment today !THIS WONT LAST! On April 18th, 2022, Seller received Permission to Operate (PTO) our 12.245kW/DC Solar System of which was installed by Impact Solar. This Solar System is NOT LEASED, instead this solar system is financed with a path to ownership through Dividend Financial at an interest rate of 4.99% for 20-years, with no-prepayment penalty. The prospective buyer will need to pass a credit check to assume this fantastic loan offering. The FIXED MONTHLY LOAN PAYMENT IS $170.03. This payment will never fluctuate.
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| May 10, 2019 | Sold | ||
| Sold | |||
| Oct 23, 2018 | Listed by RE/MAX at Barnegat Bay - Forked River | $249,900 | |
| Listed by RE/MAX at Barnegat Bay - Forked River | |||
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Sunrise Beach Ranch featuring an open floor plan from your flowing family room into your eat-in kitchen. Chefs kitchen with center island accompanied by bar stool seating, brand new Whirlpool stainless steel appliances, granite countertops, stunning beveled subway tiles, oversized stainless steel sink and white shaker cabinets accented with black hardware. Master bedroom has full master bath and walk-in closet. Brand new roof, HVAC system & sliding glass door, real bamboo floors throughout the entire house, laundry/mud room, one car garage with direct entry. All situated on an Oversized lot and a short walk to the Sunrise Beach Park on the Barnegat Bay! Flood insurance is 1,100 annual & elevation cert attached to mls.
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| Jul 2, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017