$3,052,000
●
House -
Off Market
14 Newark Avenue
Spring Lake, NJ 07762
8 Beds
6 Baths,
1
Half Bath
4,815 Ft²
$5,053,477
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model
About This Property
A Victorian Gem nestled in the ''Jewel of the Jersey Shore'' Spring
Lake. Two houses from the beach enjoy ocean views from the master
bedroom. Take a stroll along the beach and feel the cool
ocean water or swim in your In-ground pool. A finished basement
with a full bath for the family to enjoy. An investor rent it
out and enjoy the income. Don't miss this Gem at the Jersey
shore!
Unit Size
4,815 Ft²
Days on Market
-
Land Size
-
Price per sqft
$663
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2017
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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 #21720088)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 15, 2019 | Sold | ||
| Sold | |||
| Sep 5, 2018 | No longer available | - | |
| No longer available | |||
| Jun 8, 2018 | Listed | $6,590,000 | |
| Listed | |||
| | |||
|
Watch the Ocean and listen to the waves from this magnificent Melillo Designed home. Luxury living at its finest in over 7,100 sqft of meticulous craftsmanship. This 7 Bedroom, 6 and 3 half bath home features wide plank flooring, custom kitchen with large center island and spa like master suites. Out back you will find plenty of space to entertain with the large covered flagstone patio and heated Gunite pool. There is also a finished Cabana with half bathroom and outdoor shower to rinse off after a day at the beach. An additional 2,400 finished sqft from the lower level makes this home truly spectacular in one of the shores finest towns! Still time to pick out finishes and personal touches.
| |||
| Mar 19, 2018 | Listed by Berkshire Hathaway Home Services Zack Shore Realtors | $6,590,000 | |
| Listed by Berkshire Hathaway Home Services Zack Shore Realtors | |||
| | |||
|
Watch the Ocean and listen to the waves from this magnificent Melillo Designed home. Luxury living at its finest in over 7,100 sqft of meticulous craftsmanship. This 7 Bedroom, 6 and 3 half bath home features wide plank flooring, custom kitchen with large center island and spa like master suites. Out back you will find plenty of space to entertain with the large covered flagstone patio and heated Gunite pool. There is also a finished Cabana with half bathroom and outdoor shower to rinse off after a day at the beach. An additional 2,400 finished sqft from the lower level makes this home truly spectacular in one of the shores finest towns! Still time to pick out finishes and personal touches.
| |||
| Dec 13, 2017 | Sold | ||
| Sold | |||
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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 Spring Lake
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Listed by: Vivian Ruggeri, Ruggeri Realty, LLC
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21720088
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# 21720088
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017