812 Cable 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 |
|---|---|---|---|
| Aug 30, 2016 | Sold | ||
| Sold | |||
| May 2, 2016 | Listed by RE/MAX New Beginnings Realty | $349,000 | |
| Listed by RE/MAX New Beginnings Realty | |||
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Sunrise Beach waterfront ranch in mint condition. All open living area with vaulted ceiling and skylights. Great room has a gas fireplace and is open to the kitchen-dining area. Excellent for entertaining. Large three season room off great room. Perfect to relax in. Master bedroom opens to three season room and has a new master bath. Large auxiliary bedrooms serviced by full hall bath. This home is sited on a quiet cul de sac, minutes to the Barnegat Bay and all water sports. New vinyl bulkhead in fall of 2015. Shouldn't your boat be here?
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017