$265,000
●
Condo -
Off Market
232 Azalea Circle
Jackson, NJ 08527
1 Bed
1 Bath
943 Ft²
$1,874
Est. Monthly
$270
HOA / Fees
8.15%
Cap Rate
About This Property
Beautifully updated and renovated Bayberry II Condo w loft is
waiting for a new owner to enjoy! Hardwood floors
throughout the home , light neutral colors, great
updates throughout to make this a move-in ready home.
New Central Air in 2022. New Kitchen, updated
bathroom. The huge loft has closet space and can be used as
another bedroom, an office, or the current owners used
as an artist studio. Large walk-in closet the in
bedroom give lots of private storage. Additional hallway
closets and storage space as well. Outside you'll have your
own patio area and storage shed for extra space. Assigned and
visitor parking. Beautiful grounds, pool, Clubhouse to enjoy at 60
acres. Can accommodate a quick closing!!
Unit Size
943 Ft²
Days on Market
-
Land Size
0.01 acres
Price per sqft
$281
Property Type
Condo
Property Taxes
$302
HOA Dues
$270
Year Built
1988
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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: 2 years ago (MOMLS #22427188)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Nov 6, 2024 | In contract | - | |
| In contract | |||
| Sep 19, 2024 | Listed by RE/MAX Homeland Realtors | $265,000 | |
| Listed by RE/MAX Homeland Realtors | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Assigned, Visitor, None
Interior Details
Bedrooms: 1
Full Bathrooms: 1
Interior Features: Attic, Ceilings - 9Ft+ 1st Flr, Loft, Skylight, Spiral Stairs, Recessed Lighting
Flooring Type: Ceramic Tile, Wood
Rooms: 5
None
Exterior Details
Year Built: 1988
Parcel Number: 12-08001-0000-00005-625
Exclusions: Personal Items
Inclusions: Washer, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Microwave, Stove, Refrigerator, Gas Cooking
Exterior Features: Patio, Storage, Storm Door(s), Other
Roof: Shingle
Architectural Style: Middle Level
Pool Features: Common
Treed Lots
Lot Size Acres: 0.01
Lot Size Square Feet: 435.6
Land Assessed Value: $0
Financial Details
Tax Assessed Value: $137,700
Tax Year: 2023
Tax Annual Amount: $3,628
Association Fee Includes: Common Area, Exterior Maint, Lawn Maintenance, Mgmt Fees, Pool, Snow Removal
Association Amenities: Tennis Court, Association, Pool, Basketball Court, Clubhouse, Common Area, Jogging Path, Playground
Association Fee: $270
Association Fee Frequency: Monthly
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer Information: Public Sewer
Water Source: Public
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/19/2024
| |
1 Bed
|
1 Bath
|
943 ft²
|
$265,000
1 Bed
1 Bath
943 ft²
|
$265,000
11/22/2024
|
Rhonda Accardi
RE/MAX Homeland Realtors
|
|
04/04/2022
| |
1 Bed
|
1 Bath
|
943 ft²
|
$199,000
1 Bed
1 Bath
943 ft²
|
$226,000
+13.57%
05/13/2022
|
Jennifer Kuhn
EXP Realty, LLC
|
Building Info
About Ocean
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Listed by: Rhonda Accardi, RE/MAX Homeland Realtors
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22427188
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: 2 years ago
Data Source: MOMMLS, MLS# 22427188
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