$735,000
●
House -
Off Market
211 1st Avenue
Belmar, NJ 07719
10 Beds
5 Baths
4,600 Ft²
$1,721,705
RealtyHop Estimate
86.13%
Since Oct 1, 2014
National-US
Primary Model
About This Property
Incredible opportunity to renovate or raze this North End home!
PREMIUM LOCATION! Gorgeous neighboring homes to boost your value.
Views of Shark River Inlet! Two blocks to Beach and Belmar Fishing
Pier. Home has three full floors of living space, AN IN-GROUND POOL
and a detached garage with a finished room over it.
Unit Size
4,600 Ft²
Days on Market
-
Land Size
-
Price per sqft
$201
Property Type
House
Property Taxes
$1,361
HOA Dues
-
Year Built
1905
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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 #21429402)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 23, 2018 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $1,750,000 | |
| Listed | |||
| | |||
|
Wow. Stunning Shore Colonial in North Belmar checks all the boxes. Views of Shark River Inlet and literally just steps to the beach, this six bedroom home was completely renovated in 2015 and ready for its new owner. Over 3700 SF of bright spacious living throughout three levels, PLUS heated in-ground pool, outdoor shower, garage and separate guest house. Brilliant open floor plan provides plenty of room for family and friends, (see attached floor plans) this home is equally suitable as a summer shore home or year-round residence. Endless summer days of sun, sand and surf await.. Memorable evenings of BBQs and poolside gatherings..Moonlit walks on the beach, plenty of restaurants and nightlife, there's something for everyone, right here in beautiful Belmar. Live the dream. The manager has listed the unit size as 4500 square feet.
| |||
| Aug 5, 2017 | Listed by RE/MAX Paradigm Realty Group | $1,750,000 | |
| Listed by RE/MAX Paradigm Realty Group | |||
| | |||
|
Stunning Shore Colonial in North Belmar checks all the boxes. Views of Shark River Inlet and just steps to the beach, this six bedroom home was completely and tastefully renovated in 2015 and ready for its new owner. Over 3700 SF of bright spacious living throughout three levels, PLUS heated in-ground pool, outdoor shower, garage and separate guest house. Brilliant open floor plan provides plenty of room for family and friends, (see attached floor plans) this home is equally suitable as a summer shore home or year-round residence. Endless summer days of sun, sand and surf await.. Memorable evenings of BBQs and poolside gatherings..Moonlit walks on the beach, plenty of restaurants and nightlife, there's something for everyone, right here in beautiful Belmar. Live the dream.
| |||
| Sep 9, 2014 | Sold | ||
| Sold | |||
| Jul 22, 2014 | Listed by Diane Turton, Realtors-Spring Lake | $925,000 | |
| Listed by Diane Turton, Realtors-Spring Lake | |||
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: Erin Hunt, Diane Turton, Realtors-Spring Lake
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21429402
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# 21429402
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