86 Adriatic Avenue
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 31, 2023 | Sold | ||
| Sold | |||
| Apr 12, 2023 | In contract | - | |
| In contract | |||
| Mar 10, 2023 | Listed by RE/MAX New Beginnings Realty-Toms River | $599,999 | |
| Listed by RE/MAX New Beginnings Realty-Toms River | |||
| Sep 10, 2021 | Sold | ||
| Sold | |||
| Aug 23, 2020 | Listed by RE/MAX at Barnegat Bay | $359,000 | |
| Listed by RE/MAX at Barnegat Bay | |||
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Brand New Construction. Custom builders. 2,200 sq. ft. of open living space. Hardwood flooring throughout the first floor. Hardwood stairs with Oak railings. Dartmouth Wolf cabinetry kitchen with granite. Center Island and breakfast nook with sliders(Anderson) to the backyard.
Four well appointed bedrooms. Master bedroom with full double sinks and walk-in closet. Gas Heat and on Demand Hot Water Heater. Anderson Silverline tilt in windows. Many upgrades. Please see builders spec sheet. Still time to pick colors and options.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017