81 Marine 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 |
|---|---|---|---|
| Sep 7, 2022 | Sold | ||
| Sold | |||
| Jul 21, 2022 | Listed by RE/MAX at Barnegat Bay | $329,900 | |
| Listed by RE/MAX at Barnegat Bay | |||
| Feb 4, 2022 | Sold | ||
| Sold | |||
| Jan 11, 2022 | Listed by RE/MAX at Barnegat Bay - Ship Bottom | $275,000 | |
| Listed by RE/MAX at Barnegat Bay - Ship Bottom | |||
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Welcome to this waterfront community home just steps away from the Barnegat Bay in the Barnegat Beach section of Waretown. (Township of Ocean) This 3 bedroom 2 bath ranch sits on this oversized 75x128 private lot near local marinas. Join the optional Barnegat Beach Club and dock your boat nearby. Kitchen with stainless steel appliances. Enclosed front porch with large decking leading to oversized one car detached garage. Get ready to enjoy the summer here!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017