$1,205,000
●
House -
Off Market
2012 Ocean Avenue
Belmar, NJ 07719
4 Beds
4 Baths,
1
Half Bath
$2,289,428
RealtyHop Estimate
77.48%
Since Oct 1, 2015
National-US
Primary Model
About This Property
Attention developers, builders & Ocean Avenue dream home buyers:
build new to your specifications on this magnificent, over-sized
75x100 conforming lot on the southern tip of beautiful Ocean
Avenue, Belmar. This lot is the largest parcel currently available
on Ocean Avenue in Belmar, will support a substantial single family
home and is the second to last site prior to reaching Spring Lake
if heading south on Ocean Ave. Lot sits directly next to a
magnificent new construction home and features fantastic panoramic
views of the Atlantic Ocean and Lake Como behind the property.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$1,476
HOA Dues
-
Year Built
2021
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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: 2 years ago (MOMLS #21502521)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 13, 2018 | Sold | ||
| Sold | |||
| Feb 17, 2018 | Listed by RE/MAX Paradigm Realty Group | $1,285,000 | |
| Listed by RE/MAX Paradigm Realty Group | |||
| | |||
|
LOCATION, LOCATION, LOCATION. Ocean Avenue frontage: 75x100 Lot allows for incredible views. Cleared and ready to build. This is the epitome of Shore Living, a rare and wonderful opportunity to build exactly what you want. Wake up to the sparkling Atlantic Ocean. Experience Belmar's energy and astonishing growth... Just a quick stroll or bike ride to Asbury Park...yet Literally steps to beautiful Spring Lake. Live the Dream. Illustrations are just for reference to owners ground coverage estimates.
| |||
| Jul 29, 2017 | Listed | $1,315,000 | |
| Listed | |||
| | |||
|
Location, Location, Location! Large Oversize 75 x 100 Lot on the Oceanfront. Build your families dream vacation home in the beautiful south end of Belmar. Or Restore existing home. Enjoy spectacular views of the Atlantic Ocean!
| |||
| Sep 11, 2015 | Sold | ||
| Sold | |||
| Jan 21, 2015 | Listed by Ward Wight Sotheby's International Realty | $1,290,000 | |
| Listed by Ward Wight Sotheby's International Realty | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Belmar
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jacob L Smith, Ward Wight Sotheby's International Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21502521
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# 21502521
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