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Ocean 08738
199 Dune Avenue
$990,000
● House - Off Market

199 Dune Avenue

Mantoloking, NJ 08738
bedrooms
5 Beds
bathrooms
3 Baths
square feet
1,956 Ft²
$2,126,906
RealtyHop Estimate
77.24%
Since Feb 1, 2016
National-US
Primary Model

About This Property

Location, Location Ocean side 5 Bedroom Vintage Cape South Mantoloking. Easy beach access.  No Sandy damage. 2 Zone heat & Central Air. Rear covered deck, paver patio. Laundry room  with 1/2 bath. Good rental history.Rented so far for 5 weeks in 2015
Unit Size
1,956 Ft²
Days on Market
-
Land Size
-
Price per sqft
$614
Property Type
House
Property Taxes
$1,396
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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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 #21511471)

Price History

Date / Event Date Event Price
Jan 15, 2016 Sold
Premium
Sold
Mar 29, 2015 Listed by Childers Sotheby's Intl Realty $1,200,000
Listed by Childers Sotheby's Intl Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,038
  • Lot Size Depth Feet: 1,020
  • Lot Size Frontage Feet: 690
  • Total Building Area: 1,956
  • Building Area: 1,956
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,956
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MANTOLOKING DUNES
  • Land Acres: 0000000162
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 739200

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 10.2
  • Account Number: 00101223
  • District: 07
  • Parcel: 07 00061-0000-00019
  • Block: 61
  • Lot: 19
  • Municipality: BRICK TWP
  • Latitude: 40.021
  • Longitude: -74.0547

    Address

  • Full Address: 199 Dune Ave
  • Address - House Number: 199
  • Address - Street Name: Dune
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Mantoloking
  • Carrier Code: C001
  • 4-Digit Zip Code: 1417
  • Zip Code: 08738

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,318,811

    Appraisal Valuation

  • Standard Deviation: 0.2143
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 1,769,588
  • High Value: 2,148,918
  • Low Value: 1,390,258

    Market Valuation

  • Market Total Value: $957,000
  • Market Land Value: $675,100
  • Market Improvement Value: $281,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $957,000
  • Assessed Land Value: $675,100
  • Assessed Improvements Value: $281,900

    Sales

  • Current Sale Contract Date: Dec 28, 2015
  • Current Sale Recording Date: Jan 28, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2016008841

    Financing

  • First Mortgage Financing Type: VAR
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Ocean

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$306

Above Asking

0.16%

Average Days on Market

74

Average Home Size

1581 ft²

Average Home Age

32.5 years

Currently For Sale

3093 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 19 Cummins Street, Mantoloking, NJ, 08738

$5,250 /mo

  • 3 Beds
  • 2 Baths
19 Cummins Street, Mantoloking, NJ, 08738 Listing by Lisa Temple
Unit for rent at 55 Barnegat Way, NJ, 08735

$4,750 /mo

  • 3 Beds
  • 2 Baths
55 Barnegat Way, NJ, 08735 Listing by Lisa Temple

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Patricia Teresak, Childers Sotheby's Intl Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21511471
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.

Frequently Asked Questions

When was property at 199 Dune Avenue built and last sold?
The property at 199 Dune Avenue was built in 1950 and last sold on Dec 28, 2015 for $990,000.
How much is this home worth?
The estimated value of the home located at 199 Dune Avenue is $1,212,000.
What are some comparable homes to 199 Dune Avenue?
There are currently no comparable homes to 199 Dune Avenue.
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