$1,025,000
●
House -
Off Market
113 4th Avenue
Belmar, NJ 07719
5 Beds
3 Baths
2,565 Ft²
$1,852,000
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model
About This Property
Rare opportunity to own on 4th Avenue, just 5 houses from the
beach. This classic Shore Colonial with ocean views features 5+
bedrooms, 3 full baths, 2-car garage and heated in-ground pool.
This home was converted from six bedrooms to five, creating a
spacious second floor Master suite featuring an adjoining
sitting/dressing room, 2 closets, and amazing wrap-around deck with
phenomenal ocean views. First floor layout is ideal for
entertaining, and includes a den with an attached full bath &
closet, for potential bedroom option. Enjoy as is, or update and
make it your own. Either way, you win with this quintessential
beach house, just a stone's throw to the ocean! Charming home
features high ceilings, hardwood floors,basement for storage, long
driveway for extra parking and more.
Unit Size
2,565 Ft²
Days on Market
-
Land Size
-
Price per sqft
$428
Property Type
House
Property Taxes
$913
HOA Dues
-
Year Built
1922
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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 #21627280)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 29, 2024 | Sold | ||
| Sold | |||
| Oct 20, 2023 | Listed by Patrick Parker Realty | $1,799,999 | |
| Listed by Patrick Parker Realty | |||
| | |||
|
Nestled on a Beach Block, in the serene North End section of Belmar, this beautiful seaside retreat, with in-ground pool, offers an unbeatable combination of location and space. This stately home offers 5 bedrooms, providing ample space for family and guests and 3 bathrooms for convenience. You will welcome guests in style with a charming front porch, ideal for enjoying the seasons and the ocean views from the balconies on the upper levels will take your breath away! Imagine sipping your morning coffee while watching the sunrise or hosting evening gatherings with the sound of waves as your backdrop! Experience the tranquility of coastal living, the joy of entertaining, and the comfort of this amazing home.
| |||
| Sep 30, 2016 | Sold | ||
| Sold | |||
| Jul 8, 2016 | Listed by RE/MAX Paradigm Realty Group | $1,097,000 | |
| Listed by RE/MAX Paradigm Realty Group | |||
Property Highlights
Parking Available
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Belmar
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Listed by: Patrick Butera, RE/MAX Paradigm Realty Group
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21627280
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# 21627280
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