$313,250
●
Condo -
Off Market
16 Vessel Road #3
Waretown, NJ 08758
2 Beds
2 Baths,
1
Half Bath
1,332 Ft²
$476,184
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model
About This Property
Bayfront condo nestled away in Captains View, a cozy complex with
only 5 units. Panoramic views of Barnegat Lighthouse and the
sunrise will take your breath away. Relax on one of the
three private maintenance–free Trex decks overlooking Barnegat Bay.
First floor has an open concept with modern kitchen that includes
SS appliances, granite counter tops and an over sized center
island. A dining area and cozy living room with wall to wall
sliders allow never ending views of the Bay and more.
Included on the second floor is the generous master bedroom
with sliders that lead to the private romantic deck, plus a second
bedroom and a striking contemporary bath. Your bay front
backyard is great for swimming, kayaking, fishing, crabbing, or
just relaxing. Truly a must see!
Unit Size
1,332 Ft²
Days on Market
-
Land Size
-
Price per sqft
$244
Property Type
Condo
Property Taxes
$483
HOA Dues
$333
Year Built
-
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Cap Rate Calculator
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Monthly Rental Income
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Operating Profit Per Year
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: 2 years ago (MOMLS #21927049)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 24, 2019 | Sold | ||
| Sold | |||
| Jun 29, 2019 | Listed by Diane Turton REALTORS | $324,900 | |
| Listed by Diane Turton REALTORS | |||
| | |||
|
Bay front condo nestled away in Captains View, a cozy complex with only 5 units. Panoramic views of Barnegat Lighthouse and the sunrise will take your breath away. Relax on one of the three private Maintenance?free Trex decks overlooking Barnegat Bay. The first floor has an open concept with modern kitchen that includes SS appliances, granite counter tops and an over sized Center Island. A dining area and cozy living room with wall to wall sliders allow never ending views of the Bay and more. Included on the second floor is the generous master bedroom with sliders that lead to the private romantic deck, plus a second bedroom and a striking contemporary bath. Your bay front backyard is great for swimming, kayaking, fishing, crabbing, etc. Truly a must see!
| |||
Property Highlights
Parking Available
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Paved, Asphalt, Assigned, Off Street, On Street, Visitor, Workshop in Garage
Garage Spaces: 1
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 2
Full Bathrooms: 1
Half Bathrooms: 1
Interior Features: Attic - Pull Down Stairs, Ceilings - 9Ft+ 1st Flr, Ceilings - 9Ft+ 2nd Flr, Skylight, Sliding Door, Recessed Lighting
Flooring Type: Ceramic Tile, Tile, W/W Carpet
Exterior Details
Year Built: 1986
Parcel Number: 21-00170-0000-00002-0000-C0003
Inclusions: Outdoor Lighting, Washer, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Microwave, Self/Con Clean, Stove, Refrigerator, Screens, Gas Cooking
Exterior Features: Deck, Dock, Porch - Open, Storage, Storm Door(s), Swimming, Thermal Window, Lighting
Foundation Details: Piling
Roof: Shingle, Wood
Architectural Style: Detached, Townhouse, 2 Story
Bayfront, Bulkhead, Dead End Street
Lot Size Dimensions: 19 X 44 X IRR
Land Assessed Value: $0
Financial Details
Tax Assessed Value: $285,200
Tax Year: 2018
Tax Annual Amount: $5,790
Association Fee Includes: Trash, Common Area, Exterior Maint, Lawn Maintenance, Snow Removal
Association Amenities: Association
Association Fee: $1,000
Association Fee Frequency: Quarterly
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer Information: Public Sewer
Water Source: Public
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/22/2026
|
2 Bed
|
1 Bath
|
1332 ft²
|
$629,000
2 Bed
1 Bath
1332 ft²
|
-
-
|
Linette Commisso
Better Homes and Gardens Real Estate Murphy & Co.
| |
|
07/18/2024
|
2 Bed
|
2 Bath
|
1332 ft²
|
$499,900
2 Bed
2 Bath
1332 ft²
|
$485,000
-2.98%
09/26/2024
|
Vivian Lange
RE/MAX at Barnegat Bay
| |
|
06/29/2019
|
2 Bed
|
2 Bath
|
1332 ft²
|
$324,900
2 Bed
2 Bath
1332 ft²
|
$313,250
-3.59%
09/24/2019
|
Patricia Eppolito
Diane Turton, Realtors-Lacey
| |
|
05/08/2018
|
2 Bed
|
1 Bath
|
1332 ft²
|
$315,000
2 Bed
1 Bath
1332 ft²
|
$315,000
06/28/2018
|
Noreen Callahan
Berkshire Hathaway HomeServices Zack Shore REALTORS
| |
|
03/23/2018
|
2 Bed
|
2 Bath
|
1332 ft²
|
$284,300
2 Bed
2 Bath
1332 ft²
|
$279,000
-1.86%
06/04/2018
|
Rosemary Urso
RE/MAX New Beginnings Realty
|
Building Info
About Waretown
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Listed by: Patricia Eppolito, Diane Turton, Realtors-Lacey
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21927049
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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: 2 years ago
Data Source: MOMMLS, MLS# 21927049
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