78 Barnegat Beach Drive
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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 |
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| Jun 2, 2022 | Sold | ||
| Sold | |||
| Apr 7, 2022 | Listed by Garabedian Realty Group, LLC | $269,900 | |
| Listed by Garabedian Realty Group, LLC | |||
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Charming move-in condition 4 bedroom 1.5 bathroom in the Barnegat Beach bayside neighborhood of Waretown. This 2 story cape has a large living room with a functioning wood burning fireplace, beamed ceilings, built-in book cases, arched doorways, hardwood floors, formal dining and plenty of storage. This home has ample space inside and out to accommodate a growing family. Only a 5 minute walk to the bay, homeowners also have the option to join the Barnegat Beach Association that offers a marina with discounted boat slips, clubhouse, bay picnic area, playground and more! This deal wont last long. Schedule a showing today!
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| Sep 8, 2016 | Sold | ||
| Sold | |||
| Apr 6, 2016 | Listed by RE/MAX at Barnegat Bay - Manahawkin | $197,500 | |
| Listed by RE/MAX at Barnegat Bay - Manahawkin | |||
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Four bedroom home in move-in condition for under $200,000! Bayside Cape with charm throughout including large living room with fireplace, beamed ceilings, genuine hardwood floors, formal dining room, updated kitchen, and many unique features such as built in bookcases, arched ceilings and tons of storage with room to grow! Start your family in the two bedrooms downstairs, then move the kids and their mess to the second floor when they get older! Upstairs features two large bedrooms, a half bath, (room for a full if desired) and tons of storage! Large lot, great neighborhood with optional association that offers marina with discounted boat slip, clubhouse activities, bay picnic/playground beach and more! "If you are lucky enough to live in Barnegat Beach, You're lucky enough!"
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017