130 OTIS AVENUE
About This Property
The interior features refinished hardwood floors complemented by luxury vinyl plank flooring throughout the rest of the home, creating warmth and durability. The updated kitchen is designed for everyday living and entertaining, showcasing granite countertops, stainless steel appliances, and ample space for gatherings. A spacious laundry room adds convenience, while a full bathroom on the first floor provides flexibility for guests.
Upstairs you will find additional bedrooms and a second full bathroom, with the third level offering even more living space and versatility. A basement provides valuable storage space.
Major improvements have already been completed, including updated electric, HVAC system, water heater, sheetrock, and insulation, offering peace of mind for years to come.
Outdoor living is just as impressive with a fabulous wrap-around covered porch, perfect for relaxing and enjoying the neighborhood charm. The beautifully landscaped yard features lush perennial gardens, a rear deck for entertaining, a shed for storage, and a fully fenced backyard with vinyl picket fencing along the side. Additional convenience comes with side street parking access.
Ideally located just minutes from regional shopping, local marinas, and the beaches of Long Beach Island, and within walking distance to the elementary school (up to 6th grade). Easy access to the Garden State Parkway and public transportation makes commuting simple.
Enjoy all the charm, convenience, and coastal lifestyle this Jersey Shore beauty has to offer.
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 9, 2026 | Sold | ||
| Sold | |||
| Mar 14, 2026 | In contract | - | |
| In contract | |||
| Mar 9, 2026 | Listed by Keller Williams Realty - Atlantic Shore | $420,000 | |
| Listed by Keller Williams Realty - Atlantic Shore | |||
| Dec 22, 2020 | Sold | ||
| Sold | |||
| Oct 1, 2020 | Listed by 1-2-3, REALTORS | $269,900 | |
| Listed by 1-2-3, REALTORS | |||
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Just renovated! A charming colonial with 4 bedrooms and 2 full baths, located just blocks from historic Tuckerton Seaport. A very friendly sidewalk neighborhood just 1 block from Tuckerton Elementary School and baseball field. The home is centrally located to downtown stores and the parkway. Also the house is just a short commute to beautiful Long Beach Island. The home was completely gutted to the studs. All new insulation, sheetrock, electrical, brand new HVAC, water heater, a mix of newly refinished wood floors and vinyl plank flooring. New vinyl railing on porch and a brand new kitchen with granite counter tops. This is a spacious lot with plenty of room for a pool or detached garage with side access. A must see if you are in the market for a move-in ready home! More photos to follow.
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About Tuckerton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017