$350,000
●
House -
Off Market
203 Otis Avenue
Tuckerton, NJ 08087
3 Beds
1 Bath
1,040 Ft²
$2,130
Est. Monthly
8.18%
Cap Rate
About This Property
Quaint and adorable smaller Cape nestled in a residential
neighborhood with a deep lot that backs up to Little Egg Harbor's
elementary school playground. This home is perfect for a starting
family or someone looking for a low maintainence home where
everything is already done. Nothing to do just move in. Homeowner
has maintained this home and renovated it within the past year.
Newer kitchen with corian countertops, newer flooring throughout
and freshly painted. Bathroom has also been updated. Gas line was
put in for the kitchen stove. Easy conversion down the road to put
in gas heat This home has old world charm with modern decor.
Outside there is an extra deep lot which gives plenty of privacy in
the back & a 1 car detached garage and driveway. Look no further.
And welcome to your new h
Unit Size
1,040 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$336
Property Type
House
Property Taxes
$413
HOA Dues
-
Year Built
1987
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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 #22430059)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 16, 2024 | Sold | ||
| Sold | |||
| Nov 1, 2024 | In contract | - | |
| In contract | |||
| Oct 16, 2024 | Listed by Elite Team Realty, LLC | $349,500 | |
| Listed by Elite Team Realty, LLC | |||
| Feb 21, 2023 | Sold | ||
| Sold | |||
| Dec 1, 2022 | Listed by Keller Williams Realty Preferred Properties | $289,900 | |
| Listed by Keller Williams Realty Preferred Properties | |||
| | |||
|
Located in the heart of historic Tuckerton you will find this quintessential 3 bedroom 1 bath cape cod featuring a ground floor bedroom and bath, living room, dining room and kitchen. Offering 2 spacious bedrooms on the second floor. French doors lead you to the deck outside to take in the beautiful property. Completing this home is a detached garage and a huge back yard that backs up to the sought after Tuckerton Elementary School. This home is centrally located to downtown stores, parks, library, baseball field, marinas, restaurants and the GSP. You will love the short commute to the beautiful beaches on Long Beach Island.
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Property Highlights
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About Tuckerton
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Listed by: Anamaria DelValle, Elite Team Realty, LLC
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22430059
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# 22430059
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017