$517,500
●
House -
Off Market
1240 Pine Tree Way
Belmar, NJ 07719
3 Beds
3 Baths,
1
Half Bath
$776,896
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model
About This Property
Here it is your dream home at the shore BOM with new upgrades!! Now
featuring a Master Suite w/ Master Bath which walks right into your
Walk in Closet. This house is very deceiving from the outside even
the pictures don't do this beauty justice...NO FLOOD ZONE, walk to
Shark River and short bike ride to beach. The back yard is great
for all year round entertaining. Large above ground pool, paved
walk way to fire pit area and still plenty more yard space. Big
Trex Deck w/ electric retractable awning and we haven't even gone
inside yet!! Inside offers Living Room, EIK (all New SS
Appliances), a new Washer & Dryer,1 Master BR, 1 on Suite BR, 1
Guest BR and a half bath. Plenty of storage in the wall
length pantry, central A/C, security system, and so much more...
Come enjoy all year round living
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$334
HOA Dues
-
Year Built
1941
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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: 3 years ago (MOMLS #21833858)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 14, 2019 | Sold | ||
| Sold | |||
| Apr 30, 2019 | No longer available | - | |
| No longer available | |||
| Apr 25, 2019 | Listed | $2,400 | |
| Listed | |||
| | |||
|
Summer Rental - Beautiful Three bedroom ranch with 2.5 baths updated interior large deck with retractable awning , above ground swimming pool, fire pit, BBQ, large yard (50 x 136 lot) one off-street parking spot, central A/C, out-door shower, less than mile to beach one block to park -river beach-marina -paddle board rentals - restaurants -Train station near -by. Great location to be near by all the action without being in the crowds. This home accommodates six people great family rental or couples . Pictures shown some furniture maybe different as seen.. $2,400 per week dates available June 29th-July 6 th, July 6th-July 13th, July 20th-July 27th, July 27th-August 2nd,-August 17th,Aug.17th-Aug 24th,, Aug. 24-31st.,Aug.31-Sept.7th.
| |||
| Aug 28, 2018 | Listed by ERA Justin Realty Co.- Rutherford | $528,500 | |
| Listed by ERA Justin Realty Co.- Rutherford | |||
Property Highlights
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
Beds
Baths
ft²
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Price/ft²
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Belmar
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Listed by: Sharon Robie, ERA Justin Realty Co.- Rutherford
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21833858
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# 21833858
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017