165 FREMONT AVE #512
About This Property
This seasonal resort-style retreat awaits you from April 1st to November 1st, offering the perfect escape for comfortable living near all the scenic shore points.
Positioned at the front of the park on an oversized corner lot, this home offers easy access to the park's entrance and exit. Enjoy outdoor dining on your paver patio, and unwind on the spacious front porch with its durable composite decking. This enchanting space is perfect for relaxation and entertainment, all while being surrounded by the serene wooded landscape that provides ample shade for those sun-kissed summer days.
Inside, you'll be welcomed by an open layout featuring vaulted ceilings, creating a warm and spacious atmosphere. Abundant windows in the living and dining areas flood the home with natural light, enhancing its inviting ambiance. The kitchen is well-appointed with track lighting, a brand new propane gas stove/oven combo, a double sink, a refrigerator, a built-in microwave, and plenty of cabinets. The beach-inspired decor, complete with nautical accents, adds to the coastal charm.
This 1-bedroom unit includes a rear bedroom with built-in dressers, nightstands, and two large mirrored closets. The full bathroom includes a tub/shower combo and a corner sink with vanity. Additionally, the Florida room and living room both feature queen-sized pull-out beds, making it a perfect space for hosting friends and family on those cherished beach days.
Carol Lynn Resorts East welcomes residents of all ages, creating a family-friendly oasis not far from the serene Belleplain State Forest. The community offers a variety of amenities to enrich your experience, including a rejuvenating community swimming pool, a convenient laundry facility, and meticulously maintained men's and women's bathhouses. For outdoor enthusiasts, there is a children's playground and a basketball court for friendly pick-up games. Best of all, there are no guest fees, allowing you to entertain friends and family with ease.
Pet lovers and golf cart enthusiasts will be delighted to know that pets are warmly welcomed, and golf carts are permitted to enhance your mobility within the community. As part of the sale, an 8' x 8' vinyl-sided shed is included, providing an ideal space for storing all your beach gear. Rest assured, this is a GATED community, ensuring your safety and privacy.
The total annual lot rent is $7,900, excluding utilities such as electric, propane, or cable. With its unbeatable location and the comforts of this remarkable community, you can turn your beachside dreams into a reality. Don't let this opportunity pass you by-schedule your appointment today and set sail on the coastal life you've always yearned for!
Listed By
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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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Dec 19, 2024 | Relisted | $85,000 | |
Relisted | |||
Dec 8, 2024 | No longer available | - | |
No longer available | |||
May 9, 2024 | Price Decreased |
$85,000
↓ $3K
(3.4%) | |
Price Decreased | |||
Oct 29, 2023 | Listed by Keller Williams Prime Realty | $88,000 | |
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 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 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 McIlvaine
BHHS Fox & Roach Mullica Hill
| |
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
|
-
-
|
-
|
-
|