$419,500
●
House -
Off Market
222 Sunset Drive N
Seaside Heights, NJ 08751
2 Beds
2 Baths
1,700 Ft²
$629,073
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model
About This Property
FABULOUS LOCATION ON PELICAN ISLAND! Enjoy great views from
this bayfront home! Cozy up to a bonfire on your very own private
beach! This is the perfect spot to swim, fish or crab without
leaving home or if you prefer to chill out on the deck enjoying the
view, then you need look no further. Moor your water toys or
add a dock since Riparian Rights transfer with this property!
The house offers a large eat-in-kitchen with counter seating
as well as a dining area. The den on the 1st floor could
easily be transformed into a 3rd bedroom. Upstairs you'll
find 2 bedrooms and a large family room with a balcony overlooking
the bay. This is sure to be a favorite hang out for the whole
family. All this and everything the Jersey Shore has to offer is
just 5 mins away. Riparian grant! Whether you're looking for
a year-round home, a weekend get-away or an investment property,
this is a must see.
Unit Size
1,700 Ft²
Days on Market
-
Land Size
-
Price per sqft
$253
Property Type
House
Property Taxes
$858
HOA Dues
-
Year Built
1955
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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 #21809686)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 4, 2019 | Sold | ||
| Sold | |||
| Apr 19, 2018 | Listed by Century 21 Action Plus Realty | $429,500 | |
| Listed by Century 21 Action Plus Realty | |||
| | |||
|
FABULOUS LOCATION ON PELICAN ISLAND! Enjoy great views from this bayfront home while you cozy up to a bonfire on your very own private beach. This is the perfect spot to swim, fish or crab without leaving home or if you prefer to chill out on the deck enjoying the view, then you need look no further. Moor your water toys or add a dock since Riparian Rights transfer with this property! Whether you?re looking for a year-round home, a weekend get-away or an investment property, this is a must see. The house offers a large eat-in-kitchen with counter seating as well as a dining area. The den on the 1st floor could easily be transformed into a 3rd bedroom. Upstairs you?ll find 2 bedrooms and a large family room with a balcony overlooking the bay. This is sure to be a favorite hang out for the whole family.
| |||
| Mar 20, 2018 | Listed by C21/ Action Plus Realty | $429,500 | |
| Listed by C21/ Action Plus Realty | |||
Property Highlights
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
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 South
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Listed by: Tracey Carpe, C21/ Action Plus Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21809686
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# 21809686
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