$657,000
●
House -
Off Market
1418 Summit Place
Toms River, NJ 08753
4 Beds
2 Baths,
1
Half Bath
2,810 Ft²
$721,897
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model
About This Property
Enter the 2 story soaring ceiling foyer lit with a breathtaking
chandelier. STUNNING VIEWS OF THE RIVER from all east facing
windows! No flood ins needed. This beautiful 4 bed/2.5 bath home
feature 42'' shaker style cabinetry, granite counters, ss
appliances, wood floors, EIK & walk in pantry. Spacious Family Rm
w/wood floors & slider leading to an inviting balcony. Formal LR/DR
with wood floors, perfect for entertaining. Master bdrm offers
master bath with his/her sinks, stall shower, linen closet &
soaking tub for relaxing. Possible 5th & 6th bdrm in unfinished
walk up attic with superb river views. Stunning fully finished walk
out basement with access to private yard. Backyard offers a
tranquil park like setting as you unwind on your paver patio with
family and friends.
Unit Size
2,810 Ft²
Days on Market
190 days
Land Size
0.19 acres
Price per sqft
$246
Property Type
House
Property Taxes
$804
HOA Dues
-
Year Built
2006
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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: 6 months ago (MOMLS #22211141)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 20, 2025 | Listed | $739,000 | |
| Listed | |||
| | |||
|
*** AMAZING COLONIAL *** OVER 2800 SQF *** FINISHED WALKOUT BASEMENT *** BEAUTIFUL WATER VIEWS *** 2 STORY ENTRYWAY *** 4 BED 2.5 BATH *** BIG EIK KITCHEN WITH CENTER ISLAND, GRANITE COUNTERTOPS AND BIG PANTRY *** FAMILY ROOM WITH SLIDERS LEADING TO BALCONY *** BIG DINING / LIVING ROOM WITH WOOD FLOORS *** MASTER BEDROOM INCLUDES SOAKING TUB, SHOWER, DOUBLE SINK VANITY, WALKIN CLOSET, LINEN CLOSET *** POSSIBLE 5TH AND 6TH BEDROOM IN UNFINISHED WALK UP ATTIC WITH AMAZING RIVER VIEWS *** AMAZING BACKYARD WITH BIG PAVER PATIO ***
| |||
| Oct 25, 2022 | Sold | ||
| Sold | |||
| Apr 18, 2022 | Listed by Crossroads Realty Manchester | $689,900 | |
| Listed by Crossroads Realty Manchester | |||
| Oct 29, 2021 | No longer available | - | |
| No longer available | |||
| Sep 16, 2021 | Listed by Crossroads Realty Manchester | $629,900 | |
| Listed by Crossroads Realty Manchester | |||
| | |||
|
Enter the 2 story soaring ceiling foyer lit with a breathtaking chandelier. STUNNING VIEWS OF THE RIVER from all east facing windows! NO flood insurance needed. This beautiful 4 bedroom 2.5 bath home features 42'' shaker style cabinetry, granite counters, ss appliances, wood floors, EIK & walk in pantry. Spacious Family room w/wood floors & sliders leading to an inviting balcony. Formal LR/DR with wood floors, perfect for entertaining. Master bdrm offers master bath with his/her sinks, stall shower, linen closet & soaking tub for relaxing. Possible 5th & 6th bedroom in unfinished walk up attic with superb river views. Stunning fully finished walk out basement with access to private yard. Backyard offers a tranquil park like setting as you unwind on your paver patio with family & friends.
| |||
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Property Highlights
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Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Toms River
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Listed by: Lois Gordon, Crossroads Realty Manchester
Last Updated: 6 months ago
Data Source: MOMMLS, MLS# 22211141
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: 6 months ago
Data Source: MOMMLS, MLS# 22211141
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