96 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 |
|---|---|---|---|
| Jan 21, 2022 | Sold | ||
| Sold | |||
| Nov 19, 2021 | Listed by Seaside Heights Realty, Inc. | $349,900 | |
| Listed by Seaside Heights Realty, Inc. | |||
| | |||
|
Adorable 3 bed, 2.5 bath located in a waterfront community in quaint Waretown. Enjoy the updated kitchen with double wall ovens. Large dining and living rooms for entertaining. Master bedroom features its own full bathroom and walk in closet. Relax on the back patio and enjoy. Neighborhood views of the Barnegat lighthouse, close to beaches, marinas, and parkway access.
| |||
| Jul 2, 2021 | Listed by Seaside Heights Realty Inc. | $349,900 | |
| Listed by Seaside Heights Realty Inc. | |||
| | |||
|
Adorable 3 bed, 2.5 bath located in a waterfront community in quaint Waretown. Enjoy the updated kitchen with double wall ovens. Large dining and living rooms for entertaining. Master bedroom features its own full bathroom and walk in closet. Relax on the back patio and enjoy. Neighborhood views of the Barnegat lighthouse, close to beaches, marinas, and parkway access.
| |||
| Aug 17, 2019 | No longer available | - | |
| No longer available | |||
| Apr 5, 2019 | Price Decreased |
$284,900
↓ $5K
(1.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017