$439,000
●
House -
Off Market
107 Marine Road
Waretown, NJ 08758
3 Beds
2 Baths,
1
Half Bath
$434,879
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
PRICE REDUCTION! Best Waterfront buy on market in Barnegat Beach!
This adorable 3 bed,/1.5 bath beauty is sure to create memories for
a lifetime!Quiet lagoon appx 2 minute ride to the bay, then
straight out to the inlet! Some exterior features include a newer
bulkhead replaced in 2018, boat dock, fish cleaning station,
outside shower, and spacious deck overlooking the water. The
interior features include spacious and sunny living room, kitchen,
dining room/sun room, bonus room currently being used as an office,
with half bath & a utility room with plenty of storage! The main
roof is only appx 11 years old, flat roof only appx 6 years old
and 3 zone heating system, The neighborhood includes
optional homeowners assoc. w/ clubhouse, bay beach/playground and
community/activities
Unit Size
-
Days on Market
-
Land Size
0.15 acres
Price per sqft
-
Property Type
House
Property Taxes
$519
HOA Dues
-
Year Built
1961
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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 #22200484)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 12, 2022 | Sold | ||
| Sold | |||
| Oct 13, 2022 | Listed by EXP Realty | $459,000 | |
| Listed by EXP Realty | |||
| | |||
|
Location-Location-Location!!! Welcome to this amazing waterfront just minutes away from the open bay. This home features 3 bedrooms, 1.5 baths, 75 Feet of Vinyl Bulhead and outdoor shower. Enjoy your morning coffee in the sunroom that overlooks the lagoon or entertain on your spacious deck. Come take a look! This area is well desired and will not last!
| |||
| Apr 6, 2022 | Sold | ||
| Sold | |||
| Jan 13, 2022 | Listed by RE/MAX at Barnegat Bay - Manahawkin | $439,000 | |
| Listed by RE/MAX at Barnegat Bay - Manahawkin | |||
| | |||
|
PRICE REDUCTION! Best Waterfront buy on market in Barnegat Beach! This adorable 3 bed,/1.5 bath beauty is sure to create memories for a lifetime!Quiet lagoon appx 2 minute ride to the bay, then straight out to the inlet! Some exterior features include a newer bulkhead replaced in 2018, boat dock, fish cleaning station, outside shower, and spacious deck overlooking the water. The interior features include spacious and sunny living room, kitchen, dining room/sun room, bonus room currently being used as an office, with half bath & a utility room with plenty of storage! The main roof is only appx 11 years old, flat roof only appx 6 years old and 3 zone heating system, The neighborhood includes optional homeowners assoc. w/ clubhouse, bay beach/playground and community/activities.
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Ocean
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Listed by: Donna Hewitt, RE/MAX at Barnegat Bay
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22200484
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# 22200484
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017