$450,000
●
House -
Off Market
229 Ocean Bay Boulevard
Lavallette, NJ 08735
4 Beds
1 Bath
$743,958
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model
About This Property
Ocean Beach Shores - Recently elevated & renovated 4 bedroom, 1
bath ranch on a large lot just a few blocks to the beach! Over 4000
sq. feet to this lot means plenty of space for outside entertaining
and parking. Structure features newer kitchen, dining area, laundry
room & large family room. House is built on piling with a poured
slab crawl space which gives you all the storage you need. All
systems: hot water heater, furnace & central air are two years
young. Great price for all you get!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$651
HOA Dues
$46
Year Built
1966
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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 #21712697)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 28, 2022 | Sold | ||
| Sold | |||
| Oct 11, 2022 | Listed by Berkshire Hathaway HomeServices Fox & Roach - Lavallette | $799,000 | |
| Listed by Berkshire Hathaway HomeServices Fox & Roach - Lavallette | |||
| | |||
|
Adorable raised ranch in the exclusive community of Ocean Beach Shores. The recently renovated home is not only move in ready but is FEMA compliant. This 4 bedroom, 1 & 1/2 bath has dinning room off the kitchen that leads into a spacious living room. The slider in living room leads out to a large fenced in yard. There is a private ocean and bay beach at the end of the street. As well as available boat slips at the Ocean Shore Marina on the next block.
| |||
| Oct 8, 2021 | Sold | ||
| Sold | |||
| Aug 23, 2021 | Listed by Keller Williams Shore Properties | $799,000 | |
| Listed by Keller Williams Shore Properties | |||
| | |||
|
Welcome to 229 Ocean Bay Blvd in desirable OCEAN BEACH SHORES (PRIVATE BEACH COMMUNITY). This charming, FEMA compliant, raised ranch has been recently updated inside and out. 4 bedrooms, 1 1/2 bath, front and side porch, patio, outdoor shower, fenced yard and parking for up to 6 cars. New roof, siding, sliding door and multiple windows. Home is being sold completely furnished. Private beach, Ocean Shore Marina with boat slips. Private bay beach at end of block!! Rental history approx. $40k but could be higher if rented for the entire season. This home is a must see!!
| |||
| Nov 3, 2017 | Sold | ||
| Sold | |||
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Property Highlights
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Dover Beaches North
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Listed by: Matthew Schlosser, Schlosser Real Estate, Inc.
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21712697
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# 21712697
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017