$900,000
●
Land -
Off Market
216 11th Avenue
Belmar, NJ 07719
Studio
0 Bath
$998,499
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
Presenting a rare home building opportunity in the beautiful
town of Belmar. Build your year round or dream vacation home at
this amazing location with only two blocks to the beach! This is an
interior lot 50x100 (next door #218 is a corner lot for sale
at $995,000) Just a few blocks into town and you will find some of
the best restaurants, coffee shops, salons and retail
destinations on the Jersey shore. If you enjoy boating and fishing
then you will love the Belmar Marina. Public transportation is
close by. Buses & train station are easily accessible and very
convenient.
Unit Size
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Days on Market
281 days
Land Size
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Price per sqft
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Property Type
Land
Property Taxes
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HOA Dues
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Year Built
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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: 8 months ago (MOMLS #22121396)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 14, 2023 | Sold | ||
| Sold | |||
| Dec 2, 2022 | Listed by Berkshire Hathaway HomeServices Fox & Roach - Spring Lake | $2,150,000 | |
| Listed by Berkshire Hathaway HomeServices Fox & Roach - Spring Lake | |||
| | |||
|
TBB-Spacious 4 bedroom 5 full and1 half bath home to be built in time for Summer 2023! Many different option to chose from to personalize the finishing touches. You will love the open concept floor plan that is perfect for entertaining. The chefs kitchen boasts custom cabinetry, large center island, top of line appliances and dining area that is open to the great room with gas fireplace. A first floor en suite bedroom is waiting for your guests arrival. Primary bedroom features a tray ceiling, 2 walk in closets and a luxurious master bath. On the third floor is a full bath and a bonus room that could be a 5 the bedroom. A short walk to the beautiful Belmar beach, shopping and dining. Relax and enjoy the cool evening summer breeze on your large front porch! Welcome to the Jersey Shore!
| |||
| Jul 12, 2022 | No longer available | - | |
| No longer available | |||
| Apr 10, 2022 | Listed by Berkshire Hathaway HomeServices Fox & Roach | $2,250,000 | |
| Listed by Berkshire Hathaway HomeServices Fox & Roach | |||
| | |||
|
New Construction less than 2 blocks to beautiful Belmar Beach!! Designed by Melillo Architecture and built by one of Monmouth County's premier home builders this 4 bedroom 3.5 bathroom custom residence is the epitome of Ocean living. This includes a gourmet kitchen with Sub Zero/Wolf Appliance package, Quartz countertops and large center island. Large open family room which flows perfectly for entertaining your guests. Third story recreation room allows for additional guests to gather. Custom carpentry and moldings throughout make this home truly magnificent. Select your own finishes to personalize your taste. Completion date of 2022. (Pictures of recently delivered home with similar finishes). The manager has listed the unit size as 3200 square feet.
| |||
| Apr 8, 2022 | Sold | ||
| Sold | |||
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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: Christie Maruka-Loran, Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
Last Updated: 8 months ago
Data Source: MOMMLS, MLS# 22121396
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: 8 months ago
Data Source: MOMMLS, MLS# 22121396
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