172 Leeds Point Road
About This Property
The manager has listed the unit size as 1652 square feet.
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 23, 2023 | No longer available | - | |
| No longer available | |||
| Jul 17, 2023 | Listed | $369,000 | |
| Listed | |||
| Apr 28, 2023 | Sold | ||
| Sold | |||
| Mar 22, 2023 | In contract | - | |
| In contract | |||
| Mar 15, 2023 | Listed | $339,900 | |
| Listed | |||
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NO MORE SHOWINGS. HIGHEST AND BEST OFFERS WERE CALLED FOR ON 3/20/23 AT 6 PM. Welcome to 172 Leeds Point Road! If you love exquisite surroundings, seclusion and having your own personal retreat, this home is for you! This fully updated Open Concept Home highlights 3 bedrooms (all with ceiling fans and newer wall to wall carpeting). The Primary bedroom with a new Private Bath (2021), built-in his and her closets and 2 additional Bedrooms, Full Hall Bath (redone in 2017), the Eat in Kitchen has been fully updated, and the home features a separate Dining area and a Large Living Room. Sited on a .94 acre fully fenced wooded lot, the home backs up to a National Protected Wild Life Preserve. Picture yourself enjoying your side and rear secluded yards complete with a 2-story petite Barn (barn being conveyed in as-is condition), lean-to, large rear deck, screened in rear porch and a Hot Tub! As you enter the home you are greeted with the Large Living Room (with newer carpeting), numerous large windows that bathe the room in beautiful natural light, 2 ceiling fans, and a corner wood burning stove. Enjoy the cool breeze from the fans, or on cooler days the warmth of the wood burning stove with a marble and stainless steel surround. From the living room step up to the Dining Area with hardwood floors, ceiling fan and recessed lighting. The Dining Room, with room for 6-8 guests flows into the Kitchen area with recessed lighting, custom tiled floors, prep island with pendant lighting and seating for 2. The Kitchen has newer solid wood cabinetry, Granite Counter Tops, full Appliance package, ceiling fan, recessed lighting and a separate eat in nook area (with room for 4 guests). The Open Concept Kitchen layout is ideal for entertaining guests while preparing a decadent meal. From the Kitchen you can exit the rear French Doors to the screened deck (small refrigerator included) that is a great place for guests to gather and dine, and just steps to the Hot Tub with new cover, heater and one pump (2021). The home includes a newer Septic System (2021), HVAC system (2016), New Roof (2019), newer Water Heater (2018), new Well Water Treatment System (2023) and the home was painted in fall of 2020. The Laundry area with washer and dryer are conveniently located in a large kitchen closet. This home is nearby to the Leeds Point Shoppes, Oceanville Plaza and approximately 3 miles from Smithville, and less than one mile to the Edwin B. Forsythe National Wildlife Refuge (think Bird Sanctuary, migratory birds and Monarch Butterflies). And, if you like the outdoors, you can try out the BlueBird Trails too!. The home is convenient to the Boat Launch at Scott’s Landing and about 20 minutes to Atlantic City and Brigantine Island Beach! Convenient to the Garden State Parkway and White Horse Pike. Come see this beautiful move in ready home in its’ picturesque setting today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017