892 Briar Avenue
About This Property
This home has everything a family could ask for. Mother-daughter offers 2 kitchens and separate living quarters. Main living space has open kitchen,dining and living areas, with built in china closet and bookcases, 2 bedrooms, full bath. Inlaw suite was added a few years ago, offers 2nd kitchen, full bath and 1 bedroom. Connecting halway allows access to back yard, basement and garage from both living spaces. All on a half acre corner lot, partially fenced, fabulous gardens, deck,patio and storage shed. Converted to forced hot air heat ths year. Call today!
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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 30, 2023 | Sold | ||
| Sold | |||
| Aug 20, 2023 | In contract | - | |
| In contract | |||
| Aug 7, 2023 | Listed by Coldwell Banker Riviera Realty | $525,000 | |
| Listed by Coldwell Banker Riviera Realty | |||
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About Toms River
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Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22321965
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017