$1,350,000
●
House -
Off Market
1799 Parkway
Lake Como, NJ 07719
3 Beds
2 Baths,
1
Half Bath
2,540 Ft²
$7,870
Est. Monthly
2.52%
Cap Rate
About This Property
This chic & modern house, just 3 blocks from the beach, is the one
you've been waiting for! Built in 2018, the homeowners have done
over $250k in additional upgrades, making this a trophy property.
Located in red-hot Lake Como, situated on a corner lot, this
property offers phenomenal curb appeal. Entertaining guests will be
seamless as the kitchen/dining room area offers comfortable seating
for up to 16 people. Gather, relax, & enjoy the ocean breeze in
your private backyard oasis, which includes a custom pergola
providing shade to an over-sized paver patio. 3rd floor office &
entertainment area separates this home from just another new build.
The glass staircase connecting all 3 levels, adds a touch of
elegance to this already stunning home. Perfect for seeking
luxurious coastal living!
Unit Size
2,540 Ft²
Days on Market
99 days
Land Size
0.10 acres
Price per sqft
$549
Property Type
House
Property Taxes
$1,020
HOA Dues
-
Year Built
2019
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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: 2 years ago (MOMLS #22329894)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 2, 2024 | Sold | ||
| Sold | |||
| Oct 26, 2023 | Listed by Keller Williams Realty Monmouth/Ocean | $1,395,000 | |
| Listed by Keller Williams Realty Monmouth/Ocean | |||
| May 30, 2021 | No longer available | - | |
| No longer available | |||
| May 28, 2021 | Price Decreased |
$1,140,000
↓ $50K
(4.2%) | |
| Price Decreased | |||
| May 13, 2021 | Listed | $1,190,000 | |
| Listed | |||
| | |||
|
Now listed below closing price of sister home, 1801 Parkway, which closed at $1,150,000. Chic, modern beach home just 3 blocks to the beach in red hot Lake Como constructed by famed local builder Laurett Associates. Highly desired corner lot, walking distance to the lake & bike ride away from restaurants in town. Entertain in this light & bright open-concept home. 1st floor includes living room, dining room w/ gas fireplace, high-end kitchen complete with oversized custom quartz island, seating for 8. Modern glass staircase continues the open flow up to 2nd floor. Large master suite, 2 additional bedrooms, 2 full baths, walk-in closets & laundry room. Backyard paver patio with custom pergola. Enough parking for 3 cars. Move-in ready! All custom furniture negotiable. The manager has listed the unit size as 2100 square feet.
| |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Lake Como
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Listed by: Amanda Valenti, Keller Williams Realty Monmouth/Ocean
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22329894
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: 2 years ago
Data Source: MOMMLS, MLS# 22329894
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