$569,000
●
Condo -
Off Market
13 Appleton Avenue
Leonardo, NJ 07737
3 Beds
3 Baths,
1
Half Bath
2,104 Ft²
$3,577
Est. Monthly
4.92%
Cap Rate
About This Property
Spacious three bedroom 2.5 baths condominium style home located in
Leonardo. Gleaming hardwood floors and bright open floor plan.
Center island in kitchen, brand new SS appliances, garbage
disposal, granite counter tops, 42in cabinetry and sliders out to
deck overlooking fenced in yard. Family room features 9ft ceilings,
recessed lighting with stone gas fireplace. The garage offers
walkout partial lower level and bonus area. All this and more just
minutes to the Leonardo State Marina and beaches. Close to NYC
ferry, bus & train as well as Red Bank and Atlantic Highlands
shopping and restaurants. Middletown South Schools.
Unit Size
2,104 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$280
Property Type
Condo
Property Taxes
$684
HOA Dues
-
Year Built
2015
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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 years ago (MOMLS #22332566)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 29, 2024 | Sold | ||
| Sold | |||
| Nov 27, 2023 | Listed by Keller Williams Realty East Monmouth | $589,000 | |
| Listed by Keller Williams Realty East Monmouth | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Asphalt, Driveway, On Street
Interior Details
Bedrooms: 3
Full Bathrooms: 2
Half Bathrooms: 1
Interior Features: Attic - Pull Down Stairs, Balcony, Ceilings - 9Ft+ 1st Flr, Sliding Door
Flooring Type: Tile, Wood
Has Fireplace
Fireplaces: 1
Has Basement
Walk-Out Access
Exterior Details
Year Built: 2015
Parcel Number: 32-00353-0000-00002
Exclusions: Personal Items
Inclusions: Washer, Blinds/Shades, Dishwasher, Dryer, Double Oven, Light Fixtures, Microwave, Stove, Refrigerator, Screens, Fireplace Equipment, Garage Door Opener
Exterior Features: Balcony, Fence, Patio, Porch - Open, Security System, Sprinkler Under, Porch - Covered
Roof: Shingle
Architectural Style: 2 Story
Back to Woods, Dead End Street
Lot Size Dimensions: 31 x 100
Lot Size Acres: 0.07
Lot Size Square Feet: 3049.2
Land Assessed Value: $0
Financial Details
Tax Assessed Value: $482,600
Tax Year: 2022
Tax Annual Amount: $8,210
Association Fee Frequency: None
Utilities Details
Cooling Type: Central Air, 2 Zoned AC
Heating Type: Forced Air, 2 Zoned Heat
Sewer Information: Public Sewer
Water Source: Public
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/27/2023
| |
3 Bed
|
3 Bath
|
2104 ft²
|
$589,000
3 Bed
3 Bath
2104 ft²
|
$569,000
-3.40%
02/29/2024
|
ANITA CONDOURIS
BH&G REAL ESTATE MURPHY & CO.
|
|
02/09/2022
| |
3 Bed
|
2 Bath
|
2104 ft²
|
$479,000
3 Bed
2 Bath
2104 ft²
|
$500,000
+4.38%
06/06/2022
|
Crista Trovato
Keller Williams Realty Ocean Living
|
Building Info
About Leonardo
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Listed by: Anita Condouris, Keller Williams Realty East Monmouth
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22332566
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# 22332566
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