$580,000
●
House -
Off Market
201 Lincoln Drive
Ocean Twp, NJ 07712
4 Beds
3 Baths,
1
Half Bath
2,500 Ft²
$1,045,388
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model
About This Property
This fabulous 2500 sq ft home in Ocean Township's desirable
Colonial Terrace neighborhood has it all! You can ride your bike to
the beach as well as enjoy the vibrant nightlife of the nearby
Jersey Shore. The front porch welcomes you to this uniquely styled
and beautifully laid out home. It features a kitchen with a vaulted
ceiling and skylight, granite countertops & stainless appliances
that opens to the dining room and a large living room w/hardwood
floors and granite fireplace. A step down den with wet bar is
perfect for entertaining and a media/game room is the perfect place
to relax. The master bedroom w/walk-in closet & 16ft vaulted
ceilings is bathed in natural light w/ floor to ceiling windows.
The custom master bath features a marble countertop, Jacuzzi tub &
an oversized shower
Unit Size
2,500 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$236
Property Type
House
Property Taxes
$667
HOA Dues
-
Year Built
1939
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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 #21524216)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 27, 2018 | Sold | ||
| Sold | |||
| Nov 11, 2017 | Listed by RE/MAX Gateway | $639,000 | |
| Listed by RE/MAX Gateway | |||
| | |||
|
Sprawling 2500 sq ft home in Ocean Township's desirable Colonial Terrace neighborhood and just a short bike ride to the Jersey Shore. The front porch welcomes you to this uniquely styled and beautifully laid out home. It features a kitchen with a vaulted ceiling and skylight, granite countertops & stainless appliances that opens to the dining room and a large living room w/hardwood floors and granite fireplace. Freshly painted. A step down den with wet bar is perfect for entertaining and a media/game room is the perfect place to relax. The master bedroom w/walk-in closet & 16ft vaulted ceilings is bathed in natural light w/ floor to ceiling windows. The custom master bath features a marble countertop, Jacuzzi tub & an oversized shower. The spectacular yard boasts a free form Gunite pool with fire pit and lounge area for entertaining. Screened in porch and lush landscaping. Close to major routes, restaurants, and shopping. Come see this unique home for yourself!
| |||
| Aug 12, 2015 | Sold | ||
| Sold | |||
| Jun 19, 2015 | Listed by Keller Williams Realty West Monmouth | $589,000 | |
| Listed by Keller Williams Realty West Monmouth | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
Listed On
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Sold On
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HOA + Taxes
About Monmouth
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Listed by: John Natale, Keller Williams Realty West Monmouth
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21524216
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# 21524216
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