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Navesink 07760 Navesink
126 Lakeside Avenue
$650,000
● House - Off Market

126 Lakeside Avenue

Locust, NJ 07760
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,656 Ft²
$705,180
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Do not miss this opportunity to own a home on a half an acre in Locust! Walk through and you will see the cared for, yet old charm of this 1870's colonial home! This home offers a cozy living room with a wood burning fireplace, dining room, and newer kitchen looking out to the large back yard. From the kitchen, there is a pantry, half bath, and stairs leading to the basement for plenty of storage! Upstairs you will find 4 bedrooms and an updated full bathroom. The home has beautiful original wood floors throughout. Enjoy the patio, oversized 2 car detached garage for plenty of storage, and large, private, backyard for entertaining!
Unit Size
1,656 Ft²
Days on Market
118 days
Land Size
-
Price per sqft
$408
Property Type
House
Property Taxes
$865
HOA Dues
-
Year Built
1908

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #22233541)

Price History

Date / Event Date Event Price
Feb 22, 2023 Sold
Premium
Sold
Oct 27, 2022 Listed by Keller Williams Realty East Monmouth $674,900
Listed by Keller Williams Realty East Monmouth

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1908
  • Effective Year Built: 1908
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 207
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,005
  • Lot Size Depth Feet: 2,910
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,656
  • Building Area: 1,656
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,656
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000367
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Rumson Borough School District
  • Census Tract: 800900

Zoning

  • Zoning: R15

Geography

  • Assessors Map Reference: TAX MAP 94
  • District: 32
  • Parcel: 32 00791-0000-00003
  • Block: 791
  • Lot: 3
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.3978
  • Longitude: -74.0274

    Address

  • Full Address: 126 Lakeside Ave
  • Address - House Number: 126
  • Address - Street Name: Lakeside
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Rumson
  • Carrier Code: C010
  • 4-Digit Zip Code: 2316
  • Zip Code: 07760

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,115,622

    Appraisal Valuation

  • Standard Deviation: 0.1886
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 692,706
  • High Value: 823,370
  • Low Value: 562,042

    Market Valuation

  • Market Total Value: $641,900
  • Market Land Value: $343,700
  • Market Improvement Value: $298,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $641,900
  • Assessed Land Value: $343,700
  • Assessed Improvements Value: $298,200

    Sales

  • Current Sale Contract Date: Feb 17, 2023
  • Current Sale Recording Date: Mar 02, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 14957
  • Previous Sale Recording Date: Jun 15, 2007
  • Previous Sale Contract Date: Mar 15, 2007
  • Previous Sale Amount: $550,000
  • Previous Sale Document Type: 12
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Navesink

Stats & Trends

Median Asking:

$892,500

Sale Price/ft²

$443

Above Asking

0.00%

Average Days on Market

66

Average Home Size

4186 ft²

Average Home Age

66 years

Currently For Sale

2 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 16 Browns Lane, Atlantic Highlands, NJ, 07716

$3,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,527 ft²
16 Browns Lane, Atlantic Highlands, NJ, 07716 Listing by Betsy I O'Connor

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Russell J Putterman, Keller Williams Realty East Monmouth
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22233541
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.

Frequently Asked Questions

When was property at 126 Lakeside Avenue built and last sold?
The property at 126 Lakeside Avenue was built in 1908 and last sold on Feb 17, 2023 for $650,000.
How much is this home worth?
The estimated value of the home located at 126 Lakeside Avenue is $678,051.
What are some comparable homes to 126 Lakeside Avenue?
There are currently no comparable homes to 126 Lakeside Avenue.
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