$215,000
●
House -
Off Market
2539 Algonkin Trail
Wall, NJ 08736
1 Bed
1 Bath
$426,533
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model
About This Property
Why pay rent when you can own this adorable cottage in Manasquan
Shores for less! Beautifully maintained with hardwood floors,
woodburning fireplace, plenty of attic storage, large outdoor deck
for entertaining and newer roof, heating & AC system. This home
sits on a nice sized piece of property located just a bike ride to
the beach or downtown shopping. Perfect for a 1st time buyer,
manageable for a retiree or anyone looking for a summer getaway and
don't forget new construction!
Unit Size
-
Days on Market
48 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$416
HOA Dues
-
Year Built
1932
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Cap Rate Calculator
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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: 5 months ago (MOMLS #21420436)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 25, 2024 | Sold | ||
| Sold | |||
| Nov 5, 2024 | In contract | - | |
| In contract | |||
| Oct 12, 2024 | Listed by Ward Wight Sotheby's International Realty | $235,000 | |
| Listed by Ward Wight Sotheby's International Realty | |||
| | |||
|
MULTIPLE OFFERS RECEIVED. SELLER REQUESTS HIGHEST & BEST OFFERS BY 5:00PM EST ON 10/23/2024. Spacious appx 102x100 irregular building lot in a prime location in the sought after Manasquan Shores section of Wall Twp. Build your future home on this unique lot, located in close proximity to downtown Manasquan, parks, beaches, train & commuting routes. This unique & desirable lot is in the Old Mill Elementary School attendance area, and offers an idyllic future home setting with a babbling brook (stream) that runs through the property. Sale includes the land and existing foundation/framing from the lot's previous home. Property is sold as-is, where-is & without permits or plans. Buyer is responsible for approvals, title transfer and any required municipal or private inspections. This is an excellent opportunity to secure land & design a custom home that perfectly fits your needs!!!
| |||
| Mar 31, 2023 | No longer available | - | |
| No longer available | |||
| Dec 23, 2022 | Price Decreased |
$229,000
↓ $10K
(4.2%) | |
| Price Decreased | |||
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Property Highlights
Fireplace
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
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Listed On
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HOA + Taxes
About Monmouth
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Listed by: Dawn M Mauro, Coldwell Banker Realty
Last Updated: 5 months ago
Data Source: MOMMLS, MLS# 21420436
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: 5 months ago
Data Source: MOMMLS, MLS# 21420436
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