951 Montauk Drive
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 28, 2016 | Sold | ||
| Sold | |||
| Mar 8, 2016 | Listed by Diane Turton REALTORS | $312,000 | |
| Listed by Diane Turton REALTORS | |||
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Beautiful home with an open floor plan at a great price. This home is very low maintenance inside and out. A few of the pluses are; a full bath on each floor, every room is of generous size, family room leads to deck and onto the backyard which includes a saltwater pool, outside shower, storage shed, vinyl bulkhead and is on a very wide lagoon. Owned by the family that had it built and added a spacious family room in 2001. The timberline roof, vinyl bulkhead and pool liner were replaced in 2013. Only a few short minutes to Barnegat Bay. Bring your boat and enjoy the summer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017