842 Spar 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 |
|---|---|---|---|
| Dec 3, 2020 | Sold | ||
| Sold | |||
| Oct 16, 2020 | Listed by RE/MAX at Barnegat Bay - Forked River | $529,900 | |
| Listed by RE/MAX at Barnegat Bay - Forked River | |||
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Sanctuary living in Sunrise Beach. You will love this awesome reverse living custom contemporary with gorgeous roof top Bayviews and Old Barney. This modern home has a great open floor plan with plenty of living space. 3 large bedrooms. 2.5 baths. Home is set up perfectly for a mother daughter situation if need be. A huge great room with high cathedral ceilings & wood burning fireplace. Gorgeous flooring throughout. A stunning chefs kitchen with custom moldings, tons of counterspace and cabinetry. A beautiful all seasons room giving you added living space to enjoy your gorgeous waterview.. This home sits on a great size lot with vinyl bulk heading boat lift installed 1 year ago. Jetski lift and floating dock are include as well. Out to the open bay in minutes. This home truly has it all!!
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| Jun 28, 2019 | Sold | ||
| Sold | |||
| May 3, 2019 | Listed by Century 21 Action Plus Realty - Forked River | $439,000 | |
| Listed by Century 21 Action Plus Realty - Forked River | |||
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Chic reverse living contemporary located in prestigious Sunrise Beach and 2nd lagoon to the bay. Generously proportioned main level open floor plan offers soaring ceilings, skylight and abundant sliders creating an inviting and airy ambiance. Chef's kitchen features endless cabinets, impressive granite countertops, SS appliances and dining area looking out to water views. Large, spacious living room with wood burning fireplace as a focal point is bordered by sliders, one leading to the all season room, beckoning you to sit, relax and enjoy the views. Slider in dining area leads to decking providing sunshine and warm breezes. For incredible panoramic bay views, go up the deck?s spiral stairs to a private, romantic rooftop deck. Master bedroom with full master bath also on main level as well as a guest half bath. Downstairs, there are two add?l bedrooms, full bath, laundry room and cozy den with wet bar.,Deep, wide lagoon can accommodate all types of water crafts! Maintenance-free property with outdoor shower, water/elec at dock and many charming features such as hand pumped well in backyard and bench under the shade of a tree. Community offers use of boat ramp and private bay beach and picnic area.
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| Dec 23, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017