849 South 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 |
|---|---|---|---|
| May 17, 2021 | Sold | ||
| Sold | |||
| Aug 21, 2020 | Listed by Coldwell Banker Riviera Realty | $1,799,000 | |
| Listed by Coldwell Banker Riviera Realty | |||
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Seize this Barnegat Bayfront unique and unparalleled opportunity to own your own oasis overlooking the Bay Head and Mantoloking Shorelines! From the 280' boardwalk along the fiberglass bulkhead you can fish, crab, boat, sail and/or watch the captivating sunrises or dynamic reflections at sunset. Enjoy the 70' dock with deeded riparian grant or use the boat lift to accommodate your boating pleasure. This charming 1860 SF Cape Cod with 2 car garage is located at the end of a cul-de-sac where you will also find a one of a kind boat house to enjoy waterside living at its best! Escape and reside here or build your own version of paradise!
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| Sep 10, 2015 | Sold | ||
| Sold | |||
| Jan 17, 2015 | Listed by Coldwell Banker Riviera Realty | $1,350,000 | |
| Listed by Coldwell Banker Riviera Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017