$565,000
●
House -
Off Market
315 Fort Avenue
Ortley Beach, NJ 08751
3 Beds
3 Baths,
1
Half Bath
1,600 Ft²
$907,984
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model
About This Property
FEATURED LISTING..ORTLEY BEACH - NEW CONSTRUCTION - QUIET BAYSIDE
LOCATION - PERFECT BEACH HOME FOR SUMMERTIME FUN AND OFF SEASON
GETAWAYS - HOME FEATURES HARDWOOD FLOORING, GAS FIREPLACE IN L/R,
TWO DECKS AT REAR OF HOME, MASTER BEDROOM SUITE, O/S SHOWER,
RAINHEAD SHOWER HEAD, STORAGE UNDER HOME AND WASHER/DRYER HOOKUP ON
SECOND FLOOR - KITCHEN HAS GRANITE COUNTERS, TILED BACKSPLASH,
LARGE PANTRY AND STAINLESS STEEL APPLIANCES - DON'T PASS UP YOUR
OPPORTUNITY TO START LIVING THE BEACH LIFESTYLE!
Unit Size
1,600 Ft²
Days on Market
-
Land Size
-
Price per sqft
$374
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
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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: 3 years ago (MOMLS #21800612)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 29, 2021 | Sold | ||
| Sold | |||
| Dec 12, 2020 | Listed by Diane Turton, Realtors-Point Pleasant Boro | $709,000 | |
| Listed by Diane Turton, Realtors-Point Pleasant Boro | |||
| | |||
|
Lightly used summer home constructed in 2018 -3 Bdrm, 2.5 Ba on quiet bayside with fabulous outdoor space and close to bay and ocean. Spacious family room w/ HW floors & Gas FP. Bright kitchen w/ granite, SS appliances, lg pantry and sliders to covered deck. Open floor plan.
2nd level with 2 oversized bdrms, master suite and laundry. Master has private balcony w/waterviews, and stunning master bath complete with custom tile and rainhead shower. Outdoor shower. Massive crawl space is 6' high for storage galore. Add'l space under deck to read a book or hang a hammock in the shade. Close bike ride to bay or ocean. River beach park is 1/2 mile away w/ kayak launch, tennis courts, basketball courts and playground area. Wonderful home to enjoy Ortley Beach with family and friends!
| |||
| Jun 1, 2018 | Sold | ||
| Sold | |||
| Jan 7, 2018 | Listed by Keller Williams Shore Properties | $599,000 | |
| Listed by Keller Williams Shore Properties | |||
Property Highlights
Parking Available
Air Conditioning
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
Price/ft²
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Dover Beaches South
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Listed by: Timothy O'Shea, Keller Williams Shore Properties
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21800612
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# 21800612
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