$4,850,000
●
House -
Off Market
12 Atlantic Avenue
Spring Lake, NJ 07762
6 Beds
4 Baths
3,730 Ft²
$4,950,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model
About This Property
Welcome to 12 Atlantic Avenue! This gorgeous ocean block home sits
just three houses in from Spring Lake Beach and South End Pavilion.
Three levels of living with beautifully crafted details create a
timeless environment throughout the home. The expansive front
porch, balcony with ocean views, and the private backyard oasis
offer the perfect places to entertain or relax. Your dream of being
steps to the ocean, as well as a few blocks to the treasured Divine
Park and Spring Lake downtown can finally become a reality. Feel
the ocean breeze in your every day life and enjoy all that Spring
Lake has to offer!
Unit Size
3,730 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$1,327
Property Type
House
Property Taxes
$1,420
HOA Dues
-
Year Built
1975
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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: 2 years ago (MOMLS #22320795)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 9, 2023 | Sold | ||
| Sold | |||
| Jul 29, 2023 | Listed by Ward Wight Sotheby's International Realty | $4,950,000 | |
| Listed by Ward Wight Sotheby's International Realty | |||
| May 24, 2019 | Sold | ||
| Sold | |||
| Feb 22, 2019 | Listed by Gloria Nilson & Co. Real Estate | $2,495,000 | |
| Listed by Gloria Nilson & Co. Real Estate | |||
| | |||
|
BEACH BLOCK!!! This 4 BR, 3 bath classic colonial on 75 X 150 lot 3 houses from the beach, boardwalk and South End Pavilion. Large entry foyer opens to living room and dining room with natural light from southern, eastern and western exposures. Refinished hardwood floors throughout. Casual den with gas fireplace and french doors leading to large enclosed 3 season porch that exits to a private backyard with stone patio, outdoor shower and 2 car detached garage. Full unfinished basement and attic provide plenty of extra storage space. Second floor master bedroom with remodeled en suite bath and large walk in closet. Second floor complete with 3 additional bedrooms, full bath and laundry room providing access to a large deck with ocean view. A''must visit to appreciate'' location.
| |||
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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About Spring Lake
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Listed by: Walter E Kimm, Ward Wight Sotheby's International Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22320795
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: 2 years ago
Data Source: MOMMLS, MLS# 22320795
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017