$529,000
●
House -
Off Market
116 Anchor Drive
South Seaside Park, NJ 08752
3 Beds
2 Baths
1,602 Ft²
$733,484
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model
About This Property
Summer is just around the corner, and the fresh salt air is calling
your name. This well maintained beach home has all the amenities,
for you and your family to start making life long memories. From
the moment you walk through the front door you will feel at home.
Open floor plan connecting kitchen, dinning, and living room with
high ceilings and plenty of room to stretch out and relax. 3Bedroom
2Bath with oversized loft set to sleep 8. Central air and heat,
outside shower, Trex decking, fiberglass deck, outside lighting,
and stamped concrete driveway for added off street parking. Located
In South Seaside Park on a dead end street with high elevation.
Home is just a short walk or bike to restaurants, ocean, and bay.
Stay at home on the Jersey Shore this summer. See you on the beach.
Unit Size
1,602 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$330
Property Type
House
Property Taxes
$770
HOA Dues
-
Year Built
1960
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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 #22014280)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 22, 2020 | Sold | ||
| Sold | |||
| Aug 28, 2020 | Listed by Arthur Rue Agency | $539,000 | |
| Listed by Arthur Rue Agency | |||
| | |||
|
Locals Summer is just around the corner, and the salt air is calling for you. This well maintained beach home has all the amenities, for you and your family to start making life long memories. From the moment you walk through the front door you will feel at home. Open floor plan connecting kitchen, dinning, and living room with high ceilings and plenty of room to stretch out and relax. 3Bedroom 2Bath with oversized loft set to sleep 8. Central air and heat, outside shower, Trex decking, fiberglass deck, outside lighting, and stamped concrete driveway for off street parking. Located In South Seaside Park on a dead end street with high elevation. Home is just a short walk or bike to restaurants, ocean, and bay. Stay at home and work from the Jersey Shore. See you on the beach.
| |||
| Jul 31, 2020 | Sold | ||
| Sold | |||
| May 7, 2020 | Listed by Arthur Rue Agency | $529,000 | |
| Listed by Arthur Rue Agency | |||
Property Highlights
Parking Available
Air Conditioning
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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Currently no similar homes aroundNearby Rentals
Listed by: Michael Amatrudi, Arthur Rue Agency
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22014280
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# 22014280
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