$600,000
●
House -
Off Market
232 Edgemere Drive
Toms River, NJ 08755
5 Beds
4 Baths
2,800 Ft²
$624,456
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
Well built, well maintained sprawling ranch with all of the
important functions replaced... roof and 6 inch gutters, 2
furnaces, 2 AC units, high end commercial generator, 2 electric
panels, R59 insulation, master bath, whole house humidifier, and a
few other things. The house has hardwood floors throughout, 5 BR's,
4 baths, finished basement suite with full kitchen and bath. The
outside has a circular driveway, large fenced in backyard, no
building behind the property. Why move into a house and have to
repair and replace all the time. You can be sure of your comfort.
Both the front and rear yards have sprinklers. Don't pass this home
by.
Unit Size
2,800 Ft²
Days on Market
-
Land Size
1.05 acres
Price per sqft
$188
Property Type
House
Property Taxes
$736
HOA Dues
-
Year Built
1962
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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 #22107175)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 24, 2021 | Sold | ||
| Sold | |||
| Mar 11, 2021 | Listed by Keller Williams Realty West Monmouth | $525,000 | |
| Listed by Keller Williams Realty West Monmouth | |||
| Jul 17, 2018 | Sold | ||
| Sold | |||
| Apr 12, 2018 | Listed by Imperial Real Estate Agency | $399,000 | |
| Listed by Imperial Real Estate Agency | |||
| | |||
| Jul 29, 2017 | Listed | $429,999 | |
| Listed | |||
| | |||
|
This listing boasts a beautiful 1.05 acre of a lot! Backs up to the serene Riverwood park in the North Dover section of Toms River,which provides future owner with the ultimate privacy. This home is a well-maintained charming ranch and is close to 2,900 square feet!You will be greeted by a round circular driveway with a pleasant landscaped front yard. Gleaming hardwood floors throughout! LR/DR leads to an open concept kitchen. A lovely eat-in dinette area is situated in an airy sun room right off the kitchen. Bedrooms are all a great size!Sun room leads to a nice patio. A large fenced in backyard with lots of space for children to run around. FULL finished basement with bathroom and kitchen. GREAT OPPORTUNITY-COME SHOW BEFORE IT'S GONE!!! The manager has listed the unit size as 2824 square feet.
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Toms River
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Listed by: Robert R Franco, Keller Williams Realty West Monmouth
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22107175
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# 22107175
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