$846,000
●
House -
Off Market
1862 Eileen Way
Point Pleasant, NJ 08742
5 Beds
3 Baths
3,450 Ft²
$1,286,251
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model
About This Property
This is it! Spectacular Seashore Colonial located in the sought
after Bay Head Shores Community of Point Pleasant. This spacious
home is nestled on a quiet cul-de-sac and deep water lagoon just
minutes to the open bay. New gourmet kitchen with quartz counters,
huge island, wine cooler/bar area and engineered hardwood floors.
Open floor plan with gorgeous views of the water. Five bedrooms
including first floor bedroom, full bath and office. Enormous
master bedroom with walk in closet, private bath with jetted tub
and fabulous views. Second floor laundry room for convenience.
Professionally Landscaped with mahogany front porch, Stonehenge
pavers and trex deck with custom pergola and newer bulkhead.
Private beach Association, great schools, Minutes to the beach,
trains & shopping. A Must See!
Unit Size
3,450 Ft²
Days on Market
-
Land Size
-
Price per sqft
$254
Property Type
House
Property Taxes
$1,283
HOA Dues
-
Year Built
1972
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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: 3 years ago (MOMLS #21825454)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 28, 2019 | Sold | ||
| Sold | |||
| Jul 9, 2018 | Listed by Weichert Realtors-Brick | $875,000 | |
| Listed by Weichert Realtors-Brick | |||
| Jul 29, 2017 | Listed | $779,000 | |
| Listed | |||
| | |||
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Must see, Bay Head Shores beauty with a 9 foot elevation!! No water during Sandy!! 75 feet of waterfront heaven only minutes to open water. This home was rebuilt in 2003. Newer, eat in kitchen with lots of gorgeous cabinets, quartz counters and stainless steel appliances. 1st floor has an office, bedroom, full bath, EIK, formal dining room and living room with cozy fireplace. Master suite is spacious and has custom closet with lots of room. Outside is an oversized paver driveway leading to the teak front porch and 2 car garage. Back and front are professionally landscaped. Sliders lead to nice sized deck with awning, pavers and rocks to make your yard maintenance free. Bulkhead is newer and has plenty of room for boats & more. Room for the entire family is this gorgeous home.The manager has listed the unit size as 3358 square feet.
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Point Pleasant
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Listed by: Roxanne Morales, Weichert Realtors-Brick
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21825454
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: 3 years ago
Data Source: MOMMLS, MLS# 21825454
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