740 Bowne Road
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 |
|---|---|---|---|
| Mar 31, 2022 | Sold | ||
| Sold | |||
| Jan 13, 2022 | Listed by Coldwell Banker Realty | $729,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
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Fabulous fully renovated and expanded 4 BR Colonial located on over 1/2 acre in the desirable Wayside section of Ocean Township. Boasting Updated Kitchen and Baths, New Roof, Siding, Windows, AC, refinished HW Floors on both levels, Wood Burning Fireplace and more. Newly finished basement adds an additional 700 square feet of living space. Expansive new covered patio is perfect for entertaining and overlooks the oversized private rear yard. 4th Bedroom is located on the first floor making it perfect for a guest room, office or playroom.
Situated close to transportation, schools, Houses of Worship, shopping and the Jersey Shore. Ready for immediate occupancy.
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| May 6, 2021 | Sold | ||
| Sold | |||
| Apr 1, 2021 | Listed by Berkshire Hathaway HomeServices Signature Properties | $383,200 | |
| Listed by Berkshire Hathaway HomeServices Signature Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017