$976,000
●
House -
Off Market
118 Mabel Avenue
Leonardo, NJ 07737
4 Beds
2 Baths,
1
Half Bath
3,132 Ft²
$936,034
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model
About This Property
Stunning colonial for the choosy buyer! This 3000 plus square foot
home will amaze you from the moment you walk through the door. 4
bedrooms, 2.5 baths, and almost everything updated to the highest
of standards in 2020. Mirage white oak 5-inch engineered wood
throughout the downstairs, an office/workout room added over garage
with heat and AC, a beautiful white kitchen with new appliances,
new HVAC, new master bath, plantation shutters, and a generator!
Too many updates to list! Full unfinished dry basement waiting to
be finished! Relax on the wrap around front porch and enjoy the
fenced in backyard with a patio and a fire pit for entertaining.
House is minutes away from the Ferry to NYC, the beach and
walking distance to the Atlantic Highlands!
No flood insurance needed!
No flood insurance needed!
Unit Size
3,132 Ft²
Days on Market
69 days
Land Size
-
Price per sqft
$287
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2008
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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 months ago (MOMLS #22221397)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 15, 2022 | Sold | ||
| Sold | |||
| Jul 8, 2022 | Listed by O'Brien Realty, LLC | $899,999 | |
| Listed by O'Brien Realty, LLC | |||
| Oct 30, 2019 | Sold | ||
| Sold | |||
| Sep 17, 2019 | Listed by RE/MAX First Class | $639,000 | |
| Listed by RE/MAX First Class | |||
| | |||
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Beautiful 3,000 sq ft colonial located in the Leonardo section of Middletown! House completely redone in 2008. Enjoy relaxing on your wraparound front porch with mahogany flooring and azek trim. Updated eat in kitchen with granite counter tops, farm sink, travertine tiled flooring, and HUGE walk in pantry. First floor features 4th bedroom, 9ft ceilings, mudroom, laundry room, ½ bath and cherry hardwood flooring. Family room has wood burning fireplace. Large master bedroom with attached bathroom, with a walk in closet, tiled shower stall, marble top vanity. Full unfinished basement. Head outside and hang out under your covered blue stone patio right behind the detached 2 car garage with finished loft area above. House is mins away from the Ferry & all major sources of transportation!
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Leonardo
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Listed by: Katherine Maguire, O'Brien Realty, LLC
Last Updated: 3 months ago
Data Source: MOMMLS, MLS# 22221397
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 months ago
Data Source: MOMMLS, MLS# 22221397
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017