$321,000
●
House -
Off Market
29 Wallace Avenue
Oakhurst, NJ 07755
2 Beds
2 Baths
1,176 Ft²
$478,071
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model
About This Property
This is the one you have been waiting for! Charming 2 Bedroom, 2
Bath home in the desirable Oakhurst section of Ocean Twp. Unpack
your bags, and enjoy all that this home has to offer. Upon entering
this home, there is a living room open to the newer kitchen,
followed by the dining room with sliders to the back patio. Master
bedroom has its own private bathroom and a walk-in closet. Second
bedroom is larger and could serve as the master bedroom if desired,
also has a walk-in closet. Unfinished basement with plenty of room
for storage. Fenced in backyard. Conveniently located to major
routes, schools, parks, the Jersey Shore Beaches, and much more.
Unit Size
1,176 Ft²
Days on Market
-
Land Size
-
Price per sqft
$268
Property Type
House
Property Taxes
$504
HOA Dues
-
Year Built
1941
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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 #21838699)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 5, 2023 | No longer available | - | |
| No longer available | |||
| Oct 12, 2023 | Price Decreased |
$619,000
↓ $31K
(4.8%) | |
| Price Decreased | |||
| Aug 18, 2023 | Price Decreased |
$649,999
↓ $25K
(3.7%) | |
| Price Decreased | |||
| Aug 3, 2023 | Listed by Coldwell Banker Res. Brokerage | $675,000 | |
| Listed by Coldwell Banker Res. Brokerage | |||
| | |||
|
Masterfully transformed, this enchanting 2-bedroom, 2-bathroom ranch is located in the sought-after Oakhurst district of Ocean Township. Meticulously upgraded and impeccably maintained, this home is perfect for moving right in. A revitalized front porch sets the tone, welcoming you home and inviting guests inside.
The heart of 29 Wallace is a newly renovated kitchen which seamlessly flows to an airy dining room and merges with a sunken living room with sliding glass doors to a private fenced backyard, harmonizing indoor and outdoor living and offering an ideal space for relaxation and gatherings.
The primary bedroom with full bath and walk-in closet is comfortable and convenient. The unfinished basement provides an abundance of space for storage or future finished space. Variance is in place to add on a room or garage to the property. The manager has listed the unit size as 1176 square feet.
| |||
| Nov 27, 2018 | 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 Monmouth
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Listed by: Alexis Siciliano-Bell, RE/MAX Gateway
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21838699
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# 21838699
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