$1,181,000
●
House -
Off Market
218 Beach Avenue
Leonardo, NJ 07737
3 Beds
2 Baths
2,520 Ft²
$5,156
Est. Monthly
About This Property
Wake to spectacular sunrises over Sandy Hook Bay and end each day
with panoramic water and NYC skyline views in this beautifully
renovated beach home. Offering 3 beds plus a large study and 2 full
baths, the home features a dramatic two-story atrium, a gas
fireplace, and a newly designed gourmet kitchen w/ custom wood
cabinetry, quartz countertops, oversized center island, and all-new
stainless steel appliances. A stunning sunroom with an indoor
6-person Jacuzzi overlooks the water, while newer systems, luxury
vinyl plank flooring, and an oversized 2-car garage add modern
comfort. Just across the street, a rare separate deeded beach
property provides private access to your own stretch of sand all
just one mile to downtown Atlantic Highlands and the Ferry with a
45-min commute to NYC.
Unit Size
2,520 Ft²
Days on Market
53 days
Land Size
0.15 acres
Price per sqft
$417
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1953
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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: 6 months ago (MOMLS #22604327)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 14, 2026 | Sold | ||
| Sold | |||
| Mar 4, 2026 | In contract | - | |
| In contract | |||
| Feb 18, 2026 | Listed by O'Brien Realty, LLC | $1,050,000 | |
| Listed by O'Brien Realty, LLC | |||
| May 20, 2016 | Sold | ||
| Sold | |||
| Feb 3, 2016 | Listed by Heritage House Sotheby's International Realty | $490,000 | |
| Listed by Heritage House Sotheby's International Realty | |||
| | |||
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Imagine..waking up to the sunrise, taking a stroll on your beach..right outside your front door! A most coveted location is finally available!You will have your morning coffee on the open front deck to enjoy the views & breeze of the two bays & see clear to the city .The enclosed front sunroom w/gleaming flagstone will be your second favorite spot!Enter this custom home to find a very spacious living rm.,cheery kitchen plus dinette & versatile atrium w/soaring ceilings & skylights.The master suite brings in the sunrise & features private bath plus 2 closets, one of which is a W/I . The cozy family rm offers a wood fplc.,& sliders to the sweet yard. The secondary bedrms & retro main bath complete the picture. Storage in bsmt,crawl & 2 car garage The BEST PART 2,000 feet riparian rights
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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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About Leonardo
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Listed by: Kerrin O'Brien, O'Brien Realty, LLC
Last Updated: 6 months ago
Data Source: MOMMLS, MLS# 22604327
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: 6 months ago
Data Source: MOMMLS, MLS# 22604327
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