$405,000
●
House -
Off Market
203 16th Avenue
Belmar, NJ 07719
17 Beds
3 Baths
3,102 Ft²
$863,152
RealtyHop Estimate
115.79%
Since Oct 1, 2012
National-US
Primary Model
About This Property
Sale & commission subject to third party lender approval and prior
liens. ''As is'' purchase, c/o responsibility of the buyer. OCEAN
VIEW! Three levels of living with full partial finished basement
Well maintained home. Great investment with rental history. Summer
income potential $55k+. Newer roof, 200 amp electric, security
system, updated central station fire system, etc.
Unit Size
3,102 Ft²
Days on Market
-
Land Size
-
Price per sqft
$129
Property Type
House
Property Taxes
$672
HOA Dues
-
Year Built
1940
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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 #21205146)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 5, 2019 | Sold | ||
| Sold | |||
| Sep 11, 2019 | Listed by EXP Realty | $695,000 | |
| Listed by EXP Realty | |||
| | |||
|
Beautiful Beach Home 1 block to the ocean! Features 12 Bedrooms / 3 Full Baths and full basement! Inviting Front Porch with views of the ocean, hardwood floors throughout, updated kitchen with open concept to living room and renovated bathrooms! Great home for entertaining or investment! Completely redone interior with new electric, newer roof, 2 zone furnace and air conditioning & tank-less hot water heater! Plus Excellent rental history! The best deal at the shore for a large move in ready home close to beach, not in a flood zone!!
| |||
| Sep 18, 2018 | No longer available | - | |
| No longer available | |||
| Jul 19, 2018 | Listed | $649,000 | |
| Listed | |||
| | |||
|
Located one block from the beach, this is a gem...fully renovated 12 bedroom home...hardwood floors throughout, new roof, new 2 zone furnace and air conditioning, tank-less hot water heater...3 fully renovated bathrooms...open kitchen living room with upgraded appliances and granite counter tops...WiFi security system, all new insulation...everything is new for you...great for a large family or investor...excellent rental history...come take a look...views of the ocean from your large front porch...
| |||
| Jul 29, 2017 | Listed | $674,900 | |
| Listed | |||
| | |||
|
203- Be in for summer! This spacious 3 story home with a full basement has been fully renovated and has enough space for everyone. The rocking chair front porch is great for morning coffee or afternoon cocktails. Walking through the front door you can see the open floor plan.. the spacious living room is open to the dining room and the kitchen. The kitchen has updated cabinets, granite countertops and stainless steel appliances and plenty of counter space including a large countertop that fits at least 5 barstools. This home features 12 bedrooms, and 3 full baths. The large bathrooms are all all renovated and great for getting ready for a night out. Never run out of hot water in the shower with the newer tankless hot water heater. The HVAC systems are newer and efficient. The manager has listed the unit size as 3102 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
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About Belmar
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Listed by: Neilcy Diaz, RE/MAX Bay Point Realtors
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21205146
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# 21205146
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Phone: 425-283-2930
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