808 Wave 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 |
|---|---|---|---|
| Jan 28, 2022 | Sold | ||
| Sold | |||
| Jul 1, 2021 | Listed by RE/MAX at Barnegat Bay - Manahawkin | $425,000 | |
| Listed by RE/MAX at Barnegat Bay - Manahawkin | |||
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Great opportunity to own in the sort after section of Sunrise Beach community. Well below market value. 5 mins to open bay makes this a great location for boaters and fisherman . Sunrise Beach offers deep water wide lagoons, key to a beach and boat ramp located at the end of Capstan Dr. Home has a vinyl bulkhead , new roof, new central air. Location is the key to rancher. Home offers 3 bedrooms 1 full bath, 1 car garage, outside shower and room to dry doc your boat in the off season. This is priced to sell for a knock down and build your dream home or total remodel. This location is the best Forked River has to offer. Close to Lavallette and Long Beach Island beaches.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017