$580,000
●
House -
Off Market
222 4th Avenue
Lavallette, NJ 08735
6 Beds
2 Baths
2,100 Ft²
$907,489
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model
About This Property
WOW!! An amazing price for a SIX bedroom house in desired Normandy
Beach!! Four bedrooms on the first floor & two LARGE
bedrooms on the second. Beautifully updated eat-in kitchen open to
huge living area w/ sliders to private backyard w/ shed & outdoor
shower. Kitchen completely redone in 2013. All new Samsung
appliances and gorgeous granite counter tops. Tile & beautiful
hardwood throughout the lower level. Lots of closet & storage
space. 2 Zoned heat & air. Weatherproofed crawlspace with vapor
barrier. Elevation certificate provided. Home was NOT
substantially damaged by Sandy. Tankless ON DEMAND water heater,
furnace and AC all NEW 2013. Just a short walk to the ocean
or the bay from this year-round or summer home!
Unit Size
2,100 Ft²
Days on Market
-
Land Size
-
Price per sqft
$286
Property Type
House
Property Taxes
$919
HOA Dues
$29
Year Built
2006
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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 #21737887)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 5, 2018 | Sold | ||
| Sold | |||
| Aug 22, 2018 | No longer available | - | |
| No longer available | |||
| Jul 19, 2018 | Listed | $599,900 | |
| Listed | |||
| | |||
|
WOW!! An amazing price for a SIX bedroom house in desired Normandy Beach!! Four bedrooms on the first floor & two LARGE bedrooms on the second. Beautifully updated eat-in kitchen open to huge living area w/ sliders to private backyard w/ shed & outdoor shower. Kitchen completely redone in 2013. All new Samsung appliances and gorgeous granite counter tops. Tile & beautiful hardwood throughout the lower level. Lots of closet & storage space. 2 Zoned heat & air. Weatherproofed crawlspace with vapor barrier. Elevation certificate provided. Home was NOT substantially damaged by Sandy. Tankless ON DEMAND water heater, furnace and AC all NEW 2013. Just a short walk to the ocean or the bay from this year-round or summer home! The manager has listed the unit size as 2100 square feet.
| |||
| Oct 2, 2017 | Listed by Weichert Realtors-Normandy Bch | $599,900 | |
| Listed by Weichert Realtors-Normandy Bch | |||
Property Highlights
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Dover Beaches North
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Listed by: Renee Vecchione, Weichert Realtors-Normandy Bch
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21737887
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# 21737887
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