$830,000
●
House -
For Sale
12 Thompson Avenue
Leonardo, NJ 07737
6 Beds
3 Baths
2,668 Ft²
$5,104
Est. Monthly
About This Property
Just moments from Leonardo Beach, the marina, & NYC ferry, this
expanded custom cape offers the space, flexibility, & coastal
lifestyle today's buyers are searching for. Set on an oversized
corner lot, the versatile layout features multiple living areas,
two fireplaces, & room for everything from multi-generational
living to home offices & guests. The yard provides plenty of space
to relax, entertain, or create your own outdoor retreat. Located in
the desirable Middletown South school district, you'll enjoy easy
access to beaches, parks, waterfront dining, & commuter routes.
Ready for your personal updates, this home is a rare opportunity to
build equity in one of Monmouth County's most desirable bayshore
communities. Schedule your private showing today & imagine the
possibilities.
Unit Size
2,668 Ft²
Days on Market
28 days
Land Size
0.37 acres
Price per sqft
$311
Property Type
House
Property Taxes
$1,028
HOA Dues
-
Year Built
1948
Listed By
Janet Klein
Shore Prime Properties LLC
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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: 28 days ago (MOMLS #22620549)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 29, 2026 | Relisted | $830,000 | |
| Relisted | |||
| Aug 29, 2026 | Price Decreased |
$830,000
↓ $19K
(2.2%) | |
| Price Decreased | |||
| Aug 12, 2026 | In contract | - | |
| In contract | |||
| Jul 7, 2026 | Listed by Shore Prime Properties LLC | $849,000 | |
| Listed by Shore Prime Properties LLC | |||
| Apr 4, 2026 | Listed by Shore Prime Properties LLC | $849,000 | |
| Listed by Shore Prime Properties LLC | |||
   | |||
|
Opportunity meets coastal lifestyle in this expanded custom cape just moments from Leonardo Beach, the marina, and NYC ferry access. Situated on a spacious 150x107 corner lot on a quiet street leading toward the bay, this unique and expansive home offers 6 bedrooms and 3 full baths, providing flexibility for multi-generational living, guests, or work-from-home space. The main level features 2 bedrooms, a full bath, and multiple living areas including a family room with gas fireplace and sliders to the backyard. Upstairs offers 4 additional bedrooms and 2 full baths. Located in the desirable Middletown South school district and close to parks, beaches, and commuter routes. Bring your vision and unlock the potential of this rare coastal opportunity. Schedule your private showing today.
| |||
Property Highlights
Fireplace
Parking Details
Has Open Parking
Parking Features: Driveway
Interior Details
Full Bathrooms: 3
Interior Features: Recessed Lighting, Attic
Flooring Type: Tile, Wood, Vinyl Plank
Door Features: Storm Door(s), Sliding Doors
Laundry Features: Laundry Tub
Rooms: 10
Has Fireplace
Fireplaces: 2
Basement: Partial, Unfinished, Walk-Out Access
Exterior Details
Square Footage: 2668
Architectural Style: Custom, Cape
Waterfront Features: Bayside
Building Area Total: 2668
Window Features: Bay/Bow Window
Patio and Porch Features: Deck
Lot Features: Corner Lot, Fenced Area
Lot Size Area: 0.37
Lot Size Units: Acres
Lot Size Acres: 0.37
Lot Size Square Feet: 16117.2
Lot Size Dimensions: 150 x 107
Water Source: Public
Financial Details
Tax Assessed Value: $764,400
Tax Annual Amount: $12,337
Utilities Details
Cooling Type: 2 Zoned AC
Heating Type: 2 Zoned Heat
Sewer : Public Sewer
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 Leonardo
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Listed by: Michele Irizarry, Shore Prime Properties LLC
Last Updated: 28 days ago
Data Source: MOMMLS, MLS# 22620549
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: 28 days ago
Data Source: MOMMLS, MLS# 22620549
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017