165 FREMONT AVE #503
About This Property
Positioned at the front of the park, this home enjoys easy access to park entry and exit, and it's uniquely situated with no neighbors on one side. The spacious front and rear wrap-around decks, complete with durable composite decking, provide the perfect spots to relax and entertain. Nestled in a wooded setting, you'll find ample shade for those sunny summer days. Inside, an open layout with vaulted ceilings creates a welcoming and spacious atmosphere. Large windows in the living and dining areas fill the home with natural light, enhancing its warm and inviting ambiance. The kitchen is well-appointed with track lighting, a propane gas stove/oven combo, a double sink, refrigerator, built in microwave, plenty of cabinets and a convenient breakfast bar peninsula for casual dining. The beach-inspired decor, featuring palm blade ceiling fans, adds to the coastal charm. The main bedroom is generously sized, with built in dressers, night stands and a large mirrored closet. The full bathroom includes a tub/shower combo and a skylight, providing even more natural light. In addition, the Florida room and living room each have a queen sized pull-out bed, making it perfect for hosting friends and family on beach days. Carol Lynn Resorts East welcomes residents of all ages, making it a family-friendly haven tucked away not far from the serene Belleplain State Forest. The community boasts a variety of amenities to enhance your experience, including a refreshing community swimming pool, a convenient laundry facility and well-maintained men's and women's bathhouses. For the outside enthusiasts there is a children's playground and a basketball court for those friendly pick-up games. Plus, there are no guest fees, so you can entertain friends and family freely! Pet lovers and golf cart enthusiasts will be pleased to know that pets are welcome here, and golf carts are permitted to enhance your mobility within the community. Additionally, the sale includes an 8' x 8' vinyl-sided shed, an ideal space for storing all of your beach gear. Please keep in mind that this is a GATED community, ensuring your safety and privacy.
The total annual lot rent comes to $8,300, excluding utilities like electric, propane, or cable. With its unbeatable location and the comforts of this wonderful community, you can make your beachside dreams a reality. Don't let this opportunity slip away-schedule your appointment today and start living the coastal life you've always desired!
**Wooden Chest used as coffee table and Lighthouse out front are excluded**
Listed By
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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 |
---|---|---|---|
Oct 17, 2024 | Price Decreased |
$85,000
↓ $5K
(5.6%) | |
Price Decreased | |||
Jul 2, 2024 | Price Decreased |
$90,000
↓ $5K
(5.3%) | |
Price Decreased | |||
Apr 26, 2024 | Price Decreased |
$95,000
↓ $5K
(5%) | |
Price Decreased | |||
Oct 4, 2023 | Listed by Keller Williams Prime Realty | $100,000 | |
Listed by Keller Williams Prime Realty |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
03/29/2024
|
2 Bed
|
1 Bath
|
-
|
$95,000
2 Bed
1 Bath
|
-
-
|
-
|
Lynda A Greaves
GRACE REALTY
| |
10/28/2023
|
2 Bed
|
1 Bath
|
806 ft²
|
$125,000
2 Bed
1 Bath
806 ft²
|
$113,250
-9.40%
06/21/2024
|
-
|
Sheri E Herman
Keller Williams Prime Realty
| |
10/28/2023
|
2 Bed
|
1 Bath
|
806 ft²
|
$115,000
2 Bed
1 Bath
806 ft²
|
$108,625
-5.54%
03/04/2024
|
-
|
Sheri E Herman
Keller Williams Prime Realty
| |
11/30/2021
| |
2 Bed
|
1 Bath
|
-
|
$95,000
2 Bed
1 Bath
|
-
-
|
-
|
LYNDA GREAVES
GRACE REALTY - A
|
11/17/2020
| |
2 Bed
|
1 Bath
|
-
|
$84,000
2 Bed
1 Bath
|
-
-
|
-
|
-
|
04/20/2020
| |
1 Bed
|
1 Bath
|
648 ft²
|
$69,900
1 Bed
1 Bath
648 ft²
|
-
-
|
-
|
-
|
04/21/2020
|
1 Bed
|
1 Bath
|
678 ft²
|
$49,900
1 Bed
1 Bath
678 ft²
|
$49,000
-1.80%
10/12/2020
|
-
|
Wanda L McIlvaine
BHHS Fox & Roach-Mullica Hill South
| |
03/19/2019
| |
3 Bed
|
2 Bath
|
-
|
$92,900
3 Bed
2 Bath
|
-
-
|
-
|
-
|
05/14/2018
| |
2 Bed
|
1 Bath
|
-
|
-
2 Bed
1 Bath
|
-
-
|
-
|
-
|
07/28/2017
| |
2 Bed
|
1 Bath
|
-
|
-
2 Bed
1 Bath
|
-
-
|
-
|
-
|
Building Info
