$1,150,000
●
House -
Off Market
1 Wallace Avenue
Oakhurst, NJ 07755
5 Beds
3 Baths
2,965 Ft²
$1,288,103
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model
About This Property
Amazing opportunity to unpack your bags and move into this nearly
3,000 square foot home on a large, 100x121 corner lot. Upon
entering, you are greeted with a lwo story foyer followed by the
Living Room with a Gas Fireplace, Cathedral Ceilings, and is open
to the spacious Kitchen. Eat-In Kitchen with plenty of cabinet
space and all appliances are included. Large Formal Dining Room off
of the Kitchen, followed by the Family Room for additional
entertaining space. First Floor also features a laundry room & Full
Bath. Upstairs there are 5 Generous Sized Bedrooms. Primary Bedroom
features a WIC & En Suite Bathroom. Backyard is fully fenced with a
beautiful paver patio and shed. Spacious backyard with room for a
pool. Oversized Two Car Garage Conveniently located near major
routes shopping, beaches, and much more! Come check it out today!
Unit Size
2,965 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$422
Property Type
House
Property Taxes
$951
HOA Dues
-
Year Built
1956
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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 #22302011)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 23, 2023 | Sold | ||
| Sold | |||
| Jan 23, 2023 | Listed by RE/MAX Gateway | $1,249,999 | |
| Listed by RE/MAX Gateway | |||
| Nov 30, 2022 | No longer available | - | |
| No longer available | |||
| Oct 28, 2022 | Price Decreased |
$1,249,999
↓ $50K
(3.9%) | |
| Price Decreased | |||
| Aug 15, 2022 | Listed by RE/MAX Gateway | $1,299,999 | |
| Listed by RE/MAX Gateway | |||
| | |||
|
Fantastic Opportunity to own this nearly 3,000 square foot home in the heart of Oakhurst! Situated on a corner lot, this 5 Bedroom, 3 Bath home is waiting for its next owner! Upon entering, you are greeted with a large foyer followed by the Living Room with a Gas Fireplace, Cathedral Ceilings, and is open to the spacious Kitchen. Eat-In Kitchen with plenty of cabinet space and all appliances are included. Large Formal Dining Room off of the Kitchen, followed by the Family Room for additional entertaining space. First Floor also features a laundry room & Full Bath. Upstairs there are 5 Generous Sized Bedrooms. Primary Bedroom features a WIC & En Suite Bathroom. Oversized 2 Car Garage. 100x121 Corner Lot with a beautiful patio. The manager has listed the unit size as 2965 square feet.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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ft²
Price/ft²
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Listed On
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HOA + Taxes
About Monmouth
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Listed by: Alexis Siciliano-Bell, RE/MAX Gateway
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22302011
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# 22302011
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