$595,000
●
House -
Off Market
1608 Riverview Terrace
Wall, NJ 07719
3 Beds
2 Baths
1,422 Ft²
$595,390
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model
About This Property
Charming seashore home with modern amenities & classic
architectural style in a fantastic location close to the marina,
train station and beach! This bright & airy home offers an inviting
entry foyer, attractive hardwood floors, arched doorways, crown
molding and a nicely appointed living room with picture window,
decorative fireplace & built-in bookshelf. The modern eat-in
kitchen is equipped with granite countertops, tile backsplash,
recessed lighting and a window that overlooks the home's impressive
back yard. There are two bedrooms & an updated bath on the first
level, and an additional bedroom & lavish bath with soaking tub
upstairs. Exterior features include a custom paver stone & brick
driveway, a large fenced backyard with paver patio & detached
garage converted to bonus room.
Unit Size
1,422 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$400
Property Type
House
Property Taxes
$503
HOA Dues
-
Year Built
1940
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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 #22225786)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 12, 2022 | Sold | ||
| Sold | |||
| Aug 13, 2022 | Listed by Ward Wight Sotheby's International Realty | $569,000 | |
| Listed by Ward Wight Sotheby's International Realty | |||
| May 26, 2022 | No longer available | - | |
| No longer available | |||
| Feb 16, 2022 | In contract | - | |
| In contract | |||
| Feb 7, 2022 | Listed by Ward Wight Sotheby's International Realty | $539,000 | |
| Listed by Ward Wight Sotheby's International Realty | |||
| | |||
|
Charming seashore home with modern amenities & classic architectural style in a fantastic location close to the marina, train station and beach! This bright & airy home offers an inviting entry foyer, attractive hardwood floors, arched doorways, crown molding and a nicely appointed living room with picture window, decorative fireplace & built-in bookshelf. The modern eat-in kitchen is equipped with granite countertops, tile backsplash, recessed lighting and a window that overlooks the home's impressive back yard. There are two bedrooms & an updated bath on the first level, and an additional bedroom & lavish bath with soaking tub upstairs. Exterior features include a custom paver stone & brick driveway, a large fenced back yard with paver patio & detached garage converted to bonus room. The manager has listed the unit size as 1422 square feet.
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
Beds
Baths
ft²
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About West Belmar
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Listed by: Jacob L Smith, Ward Wight Sotheby's International Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22225786
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# 22225786
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