$635,000
●
Property -
Off Market
10 Millstone Way
Waretown, NJ 08758
Studio
2 Baths
2,099 Ft²
$3,880
Est. Monthly
$260
HOA / Fees
2.15%
Cap Rate
About This Property
Desirable 2BR/2BA plus den Grand Cypress with Sunroom and Walk-up
attic storage. Spectacular view of the green on the second hole of
the golf course in Greenbriar Oceanaire.
Owners' Suite has double doors, double tray ceiling, walk-in closet Features Andersen windows and doors, Kitchen has white custom cabinets, granite countertops, tile hardwood floors, breakfast nook with slider to covered paver porch and paver patio. Newer roof and water heater.
Clubhouse includes Indoor & Outdoor Pools, Spa ,Fitness Center, Pro Shop, Restaurant w/Pub, Billiard Room, Ballroom, Community features 18-hole golf course, bocce, tennis and pickleball courts. Enjoy resort style living - You're not just buying a home, you're buying a life style. Buyer pays one-time fee of $4,780 + Admin. Fee of $285
Owners' Suite has double doors, double tray ceiling, walk-in closet Features Andersen windows and doors, Kitchen has white custom cabinets, granite countertops, tile hardwood floors, breakfast nook with slider to covered paver porch and paver patio. Newer roof and water heater.
Clubhouse includes Indoor & Outdoor Pools, Spa ,Fitness Center, Pro Shop, Restaurant w/Pub, Billiard Room, Ballroom, Community features 18-hole golf course, bocce, tennis and pickleball courts. Enjoy resort style living - You're not just buying a home, you're buying a life style. Buyer pays one-time fee of $4,780 + Admin. Fee of $285
Unit Size
2,099 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$298
Property Type
Property
Property Taxes
$550
HOA Dues
$260
Year Built
2006
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Cap Rate Calculator
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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 #22403589)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 25, 2024 | Sold | ||
| Sold | |||
| Feb 8, 2024 | Listed by Diane Turton, Realtors-Lacey | $625,000 | |
| Listed by Diane Turton, Realtors-Lacey | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Has Garage
Parking Features: Double Wide Drive, On Street, Direct Access, Storage
Garage Spaces: 2
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Interior Features: Attic - Walk Up, Built-Ins, Ceilings - 9Ft+ 1st Flr, Dec Molding, Den, French Doors, Security System, Sliding Door, Breakfast Bar, Recessed Lighting
Flooring Type: Ceramic Tile, Engineered
Exterior Details
Year Built: 2006
Parcel Number: 21-00057-26-00005
Exclusions: Furniture and personal effects
Inclusions: Washer, Window Treatments, Timer Thermostat, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Microwave, Security System, Stove, Refrigerator, Screens, Attic Fan, Garage Door Opener, Gas Cooking, Hot Tub
Exterior Features: Palladium Window, Patio, Porch - Open, Security System, Sprinkler Under
Foundation Details: Slab
Roof: Timberline
Architectural Style: Ranch, Detached
On Golf Course
Lot Size Dimensions: 57 x 115
Lot Size Acres: 0.15
Lot Size Square Feet: 6534
Land Assessed Value: $0
Financial Details
Tax Assessed Value: $303,900
Tax Year: 2022
Tax Annual Amount: $6,604
Association Fee Includes: Trash, Lawn Maintenance, Pool, Rec Facility, Snow Removal
Association Amenities: Other - See Remarks, Tennis Court, Professional Management, Controlled Access, Association, Exercise Room, Swimming, Pool, Clubhouse, Common Area, Bocci
Association Fee: $260
Association Fee Frequency: Monthly
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer Information: Public Sewer
Water Source: Public
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/08/2024
| |
Loft
|
2 Bath
|
2099 ft²
|
$625,000
Loft
2 Bath
2099 ft²
|
$635,000
+1.60%
03/25/2024
|
Frank Fontana
Diane Turton, Realtors-Lacey
|
Building Info
About Ocean
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Listed by: Frank C Fontana, Diane Turton, Realtors-Lacey
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22403589
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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# 22403589
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