$432,500
●
House -
Off Market
1306 State Route 71
Belmar, NJ 07719
4 Beds
3 Baths,
1
Half Bath
2,021 Ft²
$707,333
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model
About This Property
Beautiful, Seashore Colonial, situated 2 blocks to Shark River!
Updated, whilst saving the charming touches of yesteryear. A deep,
150 foot lot with new 2 car, detached garage and paver patio.
Newer kitchen with granite, new SS appliances, Formal DR w/
wood floors, custom and moulding. LR has wood floors and gas,
fieldstone fireplace. House has newer roof and was recently
painted. Shark River Beach and Belmar's newly redeveloped
riverfront area is 2 blocks away. Unload your waterfront toys
there. Paddle board, sail and jet ski from here. Watch the sunsets
from Pier 6! Zoned CDB, Central Business Development, Work
from home in the morning and head to the beach in the afternoon.
Unit Size
2,021 Ft²
Days on Market
-
Land Size
-
Price per sqft
$220
Property Type
House
Property Taxes
$396
HOA Dues
-
Year Built
1930
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Cap Rate Calculator
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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 #21726603)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 18, 2017 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $445,000 | |
| Listed | |||
| | |||
|
Beautiful, Seashore Colonial, situated 2 blocks to Shark River! Updated, whilst saving the charming touches of yesteryear. A deep, 150 foot lot with new 2 car, detached garage and paver patio. Newer kitchen with granite, new SS appliances, Formal DR w/ wood floors, custom and moulding. LR has wood floors and gas, fieldstone fireplace. House has newer roof and was recently painted. Shark River Beach and Belmar's newly redeveloped riverfront area is 2 blocks away. Unload your waterfront toys there. Paddle board, sail and jet ski from here. Watch the sunsets from Pier 6! Zoned CDB, Central Business Development, Work from home in the morning and head to the beach in the afternoon. The manager has listed the unit size as 2021 square feet.
| |||
| Jul 7, 2017 | Listed by Diane Turton, Realtors-Spring Lake | $445,000 | |
| Listed by Diane Turton, Realtors-Spring Lake | |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
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 Belmar
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Erin Hunt, Diane Turton, Realtors-Spring Lake
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21726603
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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# 21726603
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