965 Seagull Drive
About This Property
This super clean and well-cared-for 4-bedroom, 2-bath waterfront home is just minutes to the open bay and iconic Tice's Shoal-an unbeatable location for those who love to be on the water. Spend your days boating, paddleboarding, or jet skiing right from your backyard with your own jet ski dock included! Enjoy beautiful views up the lagoon from your dock, + take in the coastal breeze. Warm wood tones and a nautical feel throughout the home create a cozy, inviting atmosphere. Inside, you'll find a younger kitchen, wood-burning F/P, + unique architectural details that set this home apart. The spiral staircase adds to its character and coastal charm. Those seeking a low-maintenance summer getaway or a year-round waterfront retreat where the fun never ends
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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 25, 2025 | Sold | ||
| Sold | |||
| Jun 7, 2025 | In contract | - | |
| In contract | |||
| May 14, 2025 | Listed by RE/MAX at Barnegat Bay | $599,900 | |
| Listed by RE/MAX at Barnegat Bay | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017