1765 Mohawk Drive
About This Property
Note: The buyer(s) will be responsible for obtaining the transfer of title, and for obtaining the certificate of occupancy post closing. No one can dwell in the home until there's a CCO in place. This is a strictly "As Is" sale. Cash Offers Preferred or FHA 203K loans. This home has no working Central Air, though the duct work is in place. Roof needs replacing/repair. Estimates for the roof & electrical work can be found in documents, as well as pre-sale Home Inspection and Termite Reports. (AC window units are excluded). Estimates for the roof and electrical work, can be found in documents. Seller says that pool liner is about 2 years old. Though the seller has provided the home inspection reports and some estimates, this has been done as an act of good faith. As always, buyers are to do their own due diligence.
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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%.
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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 |
|---|---|---|---|
| Feb 28, 2024 | Sold | ||
| Sold | |||
| Sep 13, 2023 | In contract | - | |
| In contract | |||
| Aug 26, 2023 | Listed by Keller Williams Shore Properties | $349,000 | |
| Listed by Keller Williams Shore Properties | |||
| | |||
|
***MUST HAVE CONFIRMED APPOINTMENT TO SEE THE HOME***Calling all Investors & Contractors. 3bd 2ba home with large in-ground pool surrounded by decking. Hardwood floors throughout the house, which gives it a warm and inviting look. Cherry color kitchen cabinets, granite counter tops plus a large eat-in dining space with ceramic tile flooring. Spacious, fully enclosed Florida room overlooking the backyard. You'll love the in-ground pool and deck area, perfect for summertime fun or taking a dip on a hot day. The newer vinyl fencing provides privacy while still allowing plenty of natural light to shine through. Located in one of Toms River's most sought-after neighborhoods. This property is just minutes away from popular East Dover schools, shopping centers, restaurant major highways. It's also just a short drive away from some of New Jersey's best beaches! You do not want to miss out on this opportunity!
Note: The buyer(s) will be responsible for obtaining the transfer of title, and for obtaining the certificate of occupancy post closing. No one can dwell in the home until there's a CCO in place. This is a strictly "As Is" sale. Cash Offers Preferred or FHA 203K loans. This home has no working Central Air, though the duct work is in place. Roof needs replacing/repair. Estimates for the roof & electrical work can be found in documents, as well as pre-sale Home Inspection and Termite Reports. (AC window units are excluded). Estimates for the roof and electrical work, can be found in documents. Seller says that pool liner is about 2 years old. Though the seller has provided the home inspection reports and some estimates, this has been done as an act of good faith. As always, buyers are to do their own due diligence.
| |||
| Aug 4, 2023 | Listed by Keller Williams Shore Properties | $349,000 | |
| Listed by Keller Williams Shore Properties | |||
| Aug 16, 2012 | Sold | ||
| Sold | |||
Property Highlights
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About Toms River
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017