$332,500
●
House -
Off Market
256 Strickland Boulevard
Lavallette, NJ 08735
3 Beds
1 Bath
$529,976
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model
About This Property
Beautiful build-able Lagoon Lot in affluent and cozy area of
Chadwick Beach. House needs to be Raised or Torn down. Large 3,267
square foot Lot with 73' feet of Bulkhead. Beach club
membership and Yacht Club is available to all owners with private
beach & lifeguards. This conveniently located property is centered
between Point Pleasant Beach & Seaside Boardwalks, it's also just a
block away from Wawa, tennis & basketball courts, playground and
miniature golf course. Marina, boat raps and bait & tackle shops
are also nearby. It's also just a 6 mile drive to the Bay Head NJ
Transit Train Station. Value is in the Land. Aerial Video and Demo
Estimate in MLS Listing
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$630
HOA Dues
-
Year Built
2021
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Cap Rate Calculator
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Monthly Rental Income
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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 #21823985)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 9, 2020 | Sold | ||
| Sold | |||
| Aug 14, 2020 | Listed by Resources Real Estate | $459,000 | |
| Listed by Resources Real Estate | |||
| | |||
|
Chadwick Beach ~ WATERFRONT ~ Residential Lot cleared and ready to build your dream summer home. Perfect for beach lovers and boaters. Close to Beach, Marina Tennis Courts, Yacht Club and Boardwalk. Enjoy a lifetime of memories at the Jersey Shore.
| |||
| Oct 15, 2018 | Sold | ||
| Sold | |||
| Jun 16, 2018 | Listed by Weichert Realtors-Pt.Pl.Beach | $349,900 | |
| Listed by Weichert Realtors-Pt.Pl.Beach | |||
| | |||
|
Beautiful build-able Lagoon Lot in affluent and cozy area of Chadwick Beach. House needs to be Raised or Torn down. Large 3,267 square foot Lot with 73' feet of Bulkhead. Beach club membership and Yacht Club is available to all owners with private beach & lifeguards. This conveniently located property is centered between Point Pleasant Beach & Seaside Boardwalks, it's also just a block away from Wawa, tennis & basketball courts, playground and miniature golf course. Marina, boat raps and bait & tackle shops are also nearby. It's also just a 6 mile drive to the Bay Head NJ Transit Train Station. Value is in the Land. Aerial Video and Demo Estimate in MLS Listing
| |||
Property Highlights
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 North
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Listed by: David Meglathery, Weichert Realtors-Pt.Pl.Beach
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21823985
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.
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Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21823985
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