834 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 |
|---|---|---|---|
| Sep 12, 2014 | Sold | ||
| Sold | |||
| Jun 5, 2014 | Listed by Weichert Realtors - Forked River | $649,500 | |
| Listed by Weichert Realtors - Forked River | |||
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$25,500 PRICE REDUCTION by motivated seller!! For this beautiful wellmaintained house with all the extras. Full SOLAR SYSTEM provides 80% electrical usage. New landscaping. 2 NEW AIR CONDITIONING UNITS with elevated platform. SALT WATER INGROUND SWIMMING POOL with new liner. 103.5 FEET OF WATERFRONT on deep water lagoon with 5 minutes to Barnegat Bay. 10 x 12 shed for storage. Outdoor shower stall. Large Tech-Deck patio. 103.5 Tech-Deck dock with one electric lift for jet ski and one davit for small boat or second jet ski. Paver two car driveway and pool deck. Beautiful hardwood flooring throughout first floor. 3 FULL BATHROOMS including one in each master bedroom. 5 BEDROOMS with one currently being used as an office. Large loft area currently serves as a family room. LIVING ROOM has gas ventless FIREPLACE. Upstairs MASTER BEDROOM has gas FIREPLACE, cathedral ceiling and large walk in closet. Master bathroom has JACUZZI TUB, walk in shower, two sinks with remote cont,rol skylight with rain sensor. Second master bedroom suite on first floor has own bath, walk in closet, linen closet and sliding door access to back yard patio. Two HVAC heating systems with high efficiency. Home was constructed with 2 x 8 studs by Baycorp Builders. New Electrolux front loading washer and dryer are included. Battery operated blinds in living room. 12 slider and 6 slider to back yard patio and pool deck from living and dining rooms. House is wired for cable and satelite services. High efficiency windows. 3 skylights in living room. Large two car garage with remote control door opener. 220 amp service with sub-panel. ALARM SYSTEM. If interested the furniture could be purchased.This home would be great for a family with children or for a family who likes to have their own privacy or a couple who desire company on the weekends. A unique home on a very desirable waterfront location. You have to see it! The home comes with a HOME PROTECTION PLAN.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017