$605,000
●
House -
Off Market
2016 Washington Avenue
Ortley Beach, NJ 08751
5 Beds
3 Baths
2,100 Ft²
$959,095
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model
About This Property
Stick built in 2014,this custom beach house is ABOVE current and
future elevation requirements. 7 minute (.4 mile walk to beach).
Move in ready with 5 bedrooms, 3 baths and plenty of off street
parking and outdoor entertaining space. Anderson hurricane
resistant doors and windows create a bright and airy atmosphere.
Huge storage shed for bikes, wagons & beach gear. Weekly summer
rental rates for comparable homes average $3,200. House is
low- maintenance, with energy efficient systems. Hard-wired
internet in every room, wi-fi thermostats, surround sound & alarm
system. A tremendous value for Ortley Beach. Furniture may be
purchased as well.Come to an open house soon!
Unit Size
2,100 Ft²
Days on Market
-
Land Size
-
Price per sqft
$298
Property Type
House
Property Taxes
$712
HOA Dues
-
Year Built
1953
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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 #21800733)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 19, 2024 | Sold | ||
| Sold | |||
| Feb 15, 2023 | No longer available | - | |
| No longer available | |||
| Feb 15, 2023 | Listed by Keller Williams Shore Properties | $1,199,995 | |
| Listed by Keller Williams Shore Properties | |||
| | |||
|
FEATURED LISTING...You don't want to miss this wonderful home that has it all! Whether you are looking for a summer, year round. or rental property, this house will be perfect.. During prime weeks the property gets $5,400+ a week. You can use some weeks and rent some or just enjoy all for you. This home has what most buyers want. Open floor plan on main level with beautiful hardwood floors. Kitchen features granite countertops with beachy backsplash. Relax on the deck off the living room for cocktails and watching the sunset. 1st Floor bedroom with bathroom & additional 5 bedrooms and 2 baths on second floor. Awesome outdoor space with a Covered area under the house with a heated bathroom. Plenty of parking for all of your overnight guests. Don't wait. You can be in for summer Fenced in paved rear yard, dog run and great space under the home with full bath. This is one that you should not miss.
| |||
| Nov 19, 2022 | Price Decreased |
$1,280,000
↓ $70K
(5.2%) | |
| Price Decreased | |||
| Jul 22, 2022 | Listed by RE/MAX Revolution | $1,350,000 | |
| Listed by RE/MAX Revolution | |||
| | |||
|
REDUCED! NO NEED TO LOOK ANY FURTHER! THIS BEAUTIFUL HM AS IT ALL!!! BUILT IN 2014 IT STILL SHOWS LIKE A BRAND-NEW HOME! ROOM FOR THE WHOLE FAMILY AND THEN SOME! METICUOUSLY MAINTAINED AND CUSTOM BUILT. GORGEOUS HARDWOOD FLOORS AND KITCHEN CABINETS WITH GRANITE COUNTER TOPS AND SEA COLOR BACK SPASH - JUST LOVELY! GREAT OPEN FLOOR PLAN - BRIGHT AND AIRY -PRIVATE FIRST FLOOR BEDROOM WITH FULL BATH FOR THOSE WHO HAVE ISSUE WITH STEPS. FIVE ADDITIONAL BEDROOMS ON THE SECOND LEVEL - WITH THE SIXTH BEDROOM IN THE PROCESS OF ADDING A CLOSET. FOUR FULL BATHS WITH ONE FULL BATH ON THE GOUND LEVEL ADJACENT TO THE YARD AREA FOR THOSE EVENING OUTDOOR PARTIES - SO CONVENIENT! LARGE STORAGE RM ALSO UNDER HM.. YARD IS COMPLETELY FENCEND WITH PAVERS AND EVEN A DOG RUN FOR ALL YOU PET LOVERS! PARKING The manager has listed the unit size as 2016 square feet.
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Property Highlights
Parking Available
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
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Dover Beaches South
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Listed by: Kim Clifton, Weichert Realtors-Sea Girt
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21800733
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# 21800733
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017