$380,000
●
House -
Off Market
300 Ocean Gate Avenue
Ocean Gate, NJ 08740
6 Beds
4 Baths
3,165 Ft²
$428,194
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model
About This Property
Opportunity Awaits! This custom home features 6 total bedrooms 4
full bathrooms 2 living spaces, a family room a built in bar,
formal dining room, open kitchen/great room and basement! This home
is situated on a corner lot in one of the most prime locations in
town - less than 2 blocks from the Bay Beach/Boardwalk, steps away
from restaurants, post office and the Ocean Gate Yacht Club. A lot
will go a long way inside this 3000 + sq ft home, perfect for
entertaining, multi family vacations and so much more! Do not miss
the opportunity to check this one out!
Unit Size
3,165 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$134
Property Type
House
Property Taxes
$775
HOA Dues
-
Year Built
1945
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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 #22232696)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 1, 2023 | Sold | ||
| Sold | |||
| Oct 20, 2022 | Listed by Keller Williams Preferred Properties,Bayville | $424,900 | |
| Listed by Keller Williams Preferred Properties,Bayville | |||
| Nov 14, 2021 | No longer available | - | |
| No longer available | |||
| Jun 2, 2021 | Price Decreased |
$474,000
↓ $25K
(5%) | |
| Price Decreased | |||
| May 12, 2021 | Listed by RE/MAX The Real Estate Leaders | $499,000 | |
| Listed by RE/MAX The Real Estate Leaders | |||
| | |||
|
BAYSIDE DREAM! This custom-built home is located just 2 blocks from the bay and brings with it infinite potential. Offering mother-daughter capacity, this 6 bedroom, 4-full bathroom home is outfitted with 2 living rooms, a family room with vaulted ceilings, a built-in bar, recreation room, formal dining room, large eat-in kitchen and so much more! This versatile layout is truly an ideal arrangement for the growing family or multi-generational living. Additional features include an in-ground pool, functional lawn area and close proximity to the Ocean Gate Yacht Club, Anchor Inn, first pier, splash park, and beach! This is the perfect home for entertaining, an excellent investment opportunity and absolute must see! The manager has listed the unit size as 3165 square feet.
| |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Ocean Gate
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Listed by: Alyssa Giglio, Keller Williams Preferred Properties,Bayville
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22232696
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# 22232696
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017