850 Ocean Gate 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 |
|---|---|---|---|
| Nov 16, 2020 | Sold | ||
| Sold | |||
| Sep 4, 2020 | Listed by Villano Realtors | $379,900 | |
| Listed by Villano Realtors | |||
| May 15, 2014 | Sold | ||
| Sold | |||
| Mar 14, 2014 | Listed by RE/MAX at Barnegat Bay - Forked River | $247,500 | |
| Listed by RE/MAX at Barnegat Bay - Forked River | |||
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Look No Further. Now is the time to purchase this bright and airy 3 bedroom, 2 bathroom Ranch. This rare opportunity to own new in Ocean Gate boasts a beautiful open kitchen with granite countertops, Frigidaire Gallery Series appliances and upgraded cabinets and tile floors. This property offers quality construction throughout, including 2x6 walls, high efficiency gas heat, central air, a fully tiled and upgraded shower in the master bath, and a true 2 car garage. Enjoy the peaceful and serene backyard on this oversized corner lot. Please note there is no current or proposed flood zone. Taxes are based on land assessment only. Call Robert Lange for a showing or with questions at (732) 300-4307.
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About Ocean Gate
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,000 /mo
- 3 Beds
- 2 Baths
- 1,764 ft²
$2,900 /mo
- 3 Beds
- 1 Bath
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017