87 Baltic 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 |
|---|---|---|---|
| Oct 23, 2020 | Sold | ||
| Sold | |||
| Jun 3, 2020 | Listed by Weichert Realtors-Forked River | $285,000 | |
| Listed by Weichert Realtors-Forked River | |||
| Dec 29, 2015 | Sold | ||
| Sold | |||
| Oct 20, 2014 | Listed by RE/MAX at Barnegat Bay | $159,000 | |
| Listed by RE/MAX at Barnegat Bay | |||
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BIG PRICE REDUCTION!!! ONE OF THE BEST VALUES ON THE WATER IN WARETOWN! THIS HOME OFFERS A NEWER VINYL BULKHEAD IN A VERY QUIET SECTION OF TOWN ONLY SECONDS TO THE OPEN BAY. THE HOUSE HAS BEEN UPDATED AND OFFERS A COZY FEELING AND PLENTY OF CHARM. THE DETACHED GARAGE IS INSULATED AND HEATED. ENJOY THE NEARBY MARINA, BEACHES AND WATERFRONT. THIS HOME IS PRICED TO SELL, AND IS WORTH CHECKING OUT.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017