$635,000
●
House -
Off Market
116 Lyndhurst Drive
Mantoloking, NJ 08738
3 Beds
3 Baths,
1
Half Bath
$966,196
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model
About This Property
South Mantoloking newly raised & renovated Cape on Ocean Block. 3
BR, 2.5 BA. Featuring newly renovated 1st floor. New Kitchen with
Granite Counters & stainless steel appliances. Large dining area,
living room & laundry room. Master bedroom En suite with new full
master bath and addtl. new 1/2 bath completes 1st floor. Upstairs
features two roomy bedrooms with plenty of sleeping area & a full
bathroom. Exterior features include a relaxing front deck area &
back porch for entertaining. Over-sized one car garage
features new raised utilities, complete with electric car charging
station & off street parking. Ocean block location with deeded
access to a 14 member private beach newly restored by the
beach replenishment project. Great time to come enjoy the new
South Mantoloking neighborhood.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$704
HOA Dues
-
Year Built
1940
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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 #21828982)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 17, 2018 | Sold | ||
| Sold | |||
| Sep 5, 2018 | No longer available | - | |
| No longer available | |||
| Aug 14, 2018 | Listed | $637,900 | |
| Listed | |||
| | |||
|
South Mantoloking newly raised & renovated Cape on Ocean Block. 3 BR, 2.5 BA. Featuring newly renovated 1st floor. New Kitchen with Granite Counters & stainless steel appliances. Large dining area, living room & laundry room. Master bedroom En suite with new full master bath and addtl. new 1/2 bath completes 1st floor. Upstairs features two roomy bedrooms with plenty of sleeping area & a full bathroom. Exterior features include a relaxing front deck area & back porch for entertaining. Over-sized one car garage features new raised utilities, complete with electric car charging station & off street parking. Ocean block location with deeded access to a 14 member private beach newly restored by the beach replenishment project. Great time to come enjoy the new South Mantoloking neighborhood.
| |||
| Jul 21, 2018 | Listed by Schlosser Real Estate, Inc. | $637,900 | |
| Listed by Schlosser Real Estate, Inc. | |||
| Jul 29, 2017 | Listed | $699,900 | |
| Listed | |||
| | |||
|
South Mantoloking - Newly raised 3 bedroom, 2.5 bath oceanblock home featuring an open floor plan with kitchen with stainless steel appliances and center island, living room, dining area, downstairs master bedroom with ensuite full bathroom, half bathroom, and laundry room. Upstairs offers two additional bedrooms, and full bathroom. Relax and enjoy cool summer breezes on the traditional front porch or entertain on the back deck with seating area. Exterior features an over-sized one-car garage with electric car hook up and ample off-street parking. Located just a block from the beach with deed access to private, 14 member beach.
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Property Highlights
Parking Available
Garage
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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Listed by: George K Hoefling, Schlosser Real Estate, Inc.
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21828982
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# 21828982
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