$1,500,000
●
House -
Off Market
203 4th Avenue
Belmar, NJ 07719
5 Beds
4 Baths
3,107 Ft²
$2,537,463
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model
About This Property
New Construction - Spacious & well designed interior lot home
located just 1 block to Belmar's expansive beach and new boardwalk.
This home has 10' 1st floor ceilings, a center-island kitchen
with custom cabinetry & granite counter tops. This home will
feature 4 bedrooms, 3 bathrooms, a bright study, a large optional
3rd floor bonus room with 5th bedroom and a full bathroom (+767
square feet), and much more. Floor coverings are hardwood
throughout and custom floor tiling in the bathrooms. The
outdoor living space includes a front cover porch, rear yard paver
patio with a built-in outdoor kitchen. Construction will be
complete and the home will be ready for occupancy in April 2016.
Virtual Tour is of recently sold 114 5th Avenue.
Unit Size
3,107 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$483
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2016
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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 #21605240)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 21, 2021 | Sold | ||
| Sold | |||
| Aug 26, 2021 | Listed by The Gallery Residential Brokerage | $2,399,000 | |
| Listed by The Gallery Residential Brokerage | |||
| | |||
|
Stunning newer home in the highly desired North End of Belmar one block from the ocean. This meticulously maintained home was built in 2016 by the prestigious North End Builders and has all the finest finishings. The thoughtfully designed floorplan boasts an oversized chef's kitchen and pantry opening up to an EIK and great room. With its open and airy ambiance and classic seashore style this home won't last long. The beautiful ocean views from the 2nd floor balcony are perfect for relaxing or entertaining. The large backyard has a built-in outdoor kitchen and bar set in a lush secluded gardenl. There is a sitting room on the first floor that can easily convert to a bedroom. 5 additional bedrooms plus 3rd floor loft, 4 full bathrooms and an outdoor shower. Step into life at the beach!
| |||
| Jul 25, 2016 | Sold | ||
| Sold | |||
| Feb 10, 2016 | Listed by Sutton Realty Group | $1,500,000 | |
| Listed by Sutton Realty Group | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Belmar
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Listed by: Charles Koehler, Sutton Realty Group
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21605240
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# 21605240
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