140 MORTON DR
About This Property
Step inside to discover an inviting open floor plan that enhances the home's airy feel, perfect for both relaxing and entertaining. The newer kitchen, featuring ample storage and a large island, is a focal point of the living space.
Key features include a roof less than 15 years old, newer ( 5 years old) Anderson windows that maximize natural light and energy efficiency, and a sturdy 15 year old fiberglass bulkhead that ensures peace of mind for waterfront living. AC approx 5 years old, Gas hot water heater approx 7 years old, New dishwasher in July 2024. Outside, a fenced backyard provides privacy and security, ideal for pets or outdoor gatherings against the backdrop of stunning water views.
Enjoy direct access to the bay, making it effortless to indulge in water activities or simply unwind while soaking in the serene vistas. Whether you're seeking a permanent residence or a vacation retreat, this home offers the quintessential coastal lifestyle you've been dreaming of.
Don't miss out on the opportunity to own this prime waterfront property in Beach Haven West. Schedule your private tour today and experience firsthand the allure of this exceptional home.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 21, 2025 | Sold | ||
| Sold | |||
| Dec 27, 2024 | In contract | - | |
| In contract | |||
| Sep 24, 2024 | Price Decreased |
$775,000
↓ $50K
(6.1%) | |
| Price Decreased | |||
| Aug 19, 2024 | Price Decreased |
$825,000
↓ $25K
(2.9%) | |
| Price Decreased | |||
| Aug 2, 2024 | Listed by Keller Williams Realty - Medford | $850,000 | |
| Listed by Keller Williams Realty - Medford | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017