913 Tappan Street
About This Property
Just off the kitchen sits a generously sized dining area-large enough for holidays or game-night dinners-with ceramic tile flooring and a sliding door to the deck. The home offers hot-water baseboard heat and central air conditioning for year-round comfort. Out back, a composite deck and patio with a pergola create a relaxed spot for morning coffee, grilling, or unwinding at the end of the day. The fenced backyard adds privacy and space for pets or gardening.
Located near Lake Barnegat beach, local schools, and convenient Garden State Parkway access, this home delivers everyday practicality in a location that makes errands and recreation easy. A solid option for first-time buyers or those looking to downsize without giving up the features that matter. Let's make this house your home!
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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 |
|---|---|---|---|
| Dec 31, 2025 | Sold | ||
| Sold | |||
| Dec 29, 2025 | In contract | - | |
| In contract | |||
| Nov 14, 2025 | Listed by EXIT Realty Jersey Shore | $390,000 | |
| Listed by EXIT Realty Jersey Shore | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017