95 Michigan 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 |
|---|---|---|---|
| Jul 21, 2021 | Sold | ||
| Sold | |||
| Jul 22, 2013 | Listed by Better Homes and Gardens Real Estate Murphy & Co. | $35,000 | |
| Listed by Better Homes and Gardens Real Estate Murphy & Co. | |||
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PRICE REDUCED!!! Prime buildable lot just one block from the Barnegat Bay Coastline. All State DEP Approvals, Permits and Certifications have been obtained and are attached. In addition, Plot Plan is also attached. A partial view of the water should be available when the home is built. This ready to build lot is on quiet tree lined street. The buyer should be aware that the various building approvals have expired and the buyer would have to reapply for each of the approvals.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017