$1,615,000
●
House -
Off Market
1 Bay Breeze Way
Neptune City, NJ 07753
3 Beds
4 Baths,
1
Half Bath
2,611 Ft²
$1,590,043
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model
About This Property
OFFER ACCEPTED IN ATTORNEY REVIEW. Amazing opportunity to enjoy
WATERFRONT living with stunning views and breathtaking sunsets on
the sought after Shark River. With 3+ bedrooms, 3.5 baths, this
spacious custom home built 2009 provides ample room for comfortable
living and entertaining. Modern kitchen w/center island,
living room with gas fireplace and 2 dining areas. Primary bedroom
w/bath features a large deck and 2+ add'l bedrooms, 2 WIC's and a
full bath round out the upper floors. 1st floor family room
w/custom wet bar and full bath opens to a welcoming outdoor space.
Discreet solar panels reduce energy costs year round. This home is
not in a flood zone, built 14' above sea level, gives you all the
benefits of waterfront living with none of the worry. Centrally
located within minutes to Belmar, Spring Lake, Avon and Bradley's
beaches and boardwalks, offering a vibrant blend of entertainment,
dining and shopping.
Unit Size
2,611 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$612
Property Type
House
Property Taxes
$1,977
HOA Dues
-
Year Built
2009
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (MOMLS #22315764)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 8, 2023 | Sold | ||
| Sold | |||
| Jun 9, 2023 | Listed by Resources Real Estate | $1,599,000 | |
| Listed by Resources Real Estate | |||
| Oct 25, 2018 | Sold | ||
| Sold | |||
| Jun 25, 2018 | Listed by Continental Real Estate Group | $1,290,000 | |
| Listed by Continental Real Estate Group | |||
| | |||
|
WOW! A peaceful waterfront oasis of sunsets & breathtaking views. Custom-built dream home affords extensive outdoor entertainment area & endless options for outdoor water activities. Built well above sea level, this bayside haven features multiple decks, cosmetically blended home-owned solar panels providing virtually free utilities year-round. Meticulously maintained dwelling has no flood history and requires no flood insurance. Just 2-minutes to nearest beach/boardwalk. Your open floor plan boasts modern stainless kitchen, gas fireplace, a dual heat/air system & state of the art tankless hot water system. Vast amount of furniture/home decor included in listing for seamless summer transition. Spend the rest of your life experiencing magnificent sunsets and soft bay breezes!
| |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Downtown Neptune City
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Listed by: Christine Whelan, Resources Real Estate
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22315764
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22315764
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Phone: 425-283-2930
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