$800,000
●
House -
Off Market
1046 5th Avenue
West Belmar, NJ 07719
3 Beds
2 Baths
1,824 Ft²
$4,528
Est. Monthly
5.08%
Cap Rate
About This Property
Nestled in the heart of West Belmar, this well maintained home will
not disappoint. Upon entering you'll be greeted by a bright
open living area. The kitchen features updated cabinets,
granite countertops and a newer refrigerator. The first floor
bedroom has two spacious closets, providing ample storage for all
your favorite things. Head upstairs to the additional
bedrooms, each offering a tranquil space, plus a bonus room over
the garage presents versatility for personalized use. The
finished basement is an inviting retreat with high ceilings and
beadboard detailing is a perfect spot for relaxation. A separate
storage room with laundry adds functionality and organization to
the space. Stepping outside, a fenced-in yard, lush lawn, and patio
await, creating an ideal setting for summer enjoyment. The property
includes a one-car garage and a stylish paver driveway.
Situated just a mile from the beach, this home provides a
perfect blend of coastal living and move-in-ready comfort. Don't
miss the chance to make this property your own.
Unit Size
1,824 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$430
Property Type
House
Property Taxes
$673
HOA Dues
-
Year Built
1999
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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: 2 years ago (MOMLS #22402646)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 18, 2024 | Sold | ||
| Sold | |||
| Jan 30, 2024 | Listed by Coldwell Banker Realty | $785,000 | |
| Listed by Coldwell Banker Realty | |||
| Jul 14, 2015 | Sold | ||
| Sold | |||
| Feb 2, 2015 | Listed by Prominent Properties | $399,900 | |
| Listed by Prominent Properties | |||
| | |||
|
Just reduced!! Move in ready, very well maintained three bedroom Cape home situated on a corner lot. Property has a nice sized side yard. Natural Hard Wood floors, Central Air, Vinyl siding, pavers, Finished Heated Basement! Master bedroom has a bonus room that can be used as a nursery, office or additional walk in closet (use your imagination). 1st floor bedroom is perfect for guests or as an in-law suite. Close to public transportation and Belmar beaches.
| |||
Property Highlights
Parking Available
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About West Belmar
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Listed by: Kristen Lewis, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22402646
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: 2 years ago
Data Source: MOMMLS, MLS# 22402646
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