$620,000
●
House -
Off Market
3270 Seaview Road
Lavallette, NJ 08735
3 Beds
2 Baths,
1
Half Bath
680 Ft²
$904,333
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model
About This Property
OCEANFRONT dream living with a million dollar view. Located
in the private community of Ocean Beach 3 , built in 2105 and FEMA
compliant. Offering 3 bedrooms, 1.5 baths and lovingly maintained.
Wake up to breathtaking sunrises and the sounds of the ocean while
enjoying this outdoor beauty from a large back deck. Area amenities
are abundant with mini golf, biking, restaurants, club house and
beautiful bay beaches for sunsets. This is a sound investment
property with a strong rental history. Property is on leased
land, with a tax write off on your lease depending on your rental
season. Off street parking for 7 cars. 8 beach badges included with
annual club fees. HOUSE IS BEING OFFERED FURNISHED!
Unit Size
680 Ft²
Days on Market
-
Land Size
-
Price per sqft
$949
Property Type
House
Property Taxes
-
HOA Dues
$50
Year Built
1953
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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 #22004734)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 5, 2020 | Sold | ||
| Sold | |||
| Feb 3, 2020 | Listed by Weichert Realtors-Normandy Bch | $645,000 | |
| Listed by Weichert Realtors-Normandy Bch | |||
| Dec 19, 2019 | No longer available | - | |
| No longer available | |||
| Aug 28, 2019 | Price Decreased |
$649,000
↓ $31K
(4.6%) | |
| Price Decreased | |||
| Jul 16, 2019 | Listed | $680,000 | |
| Listed | |||
| | |||
|
OCEANFRONT dream living with a million dollar view in the private beach community of Ocean Beach III. Built in 2015, Fema Compliant offering 3 bedrooms, 1.5 baths, ample outside storage and pull downstairs to attic, and meticulosly maintained. Appliances, fans, window treaments and furnishings included. Wake up to breathtaking sunrises while enjoying the sounds of waves and peacefullness. Area ammenities are abundant, with mini golf, restaurants, bayfront activities, club house and lovely bay beach. Interested in a sound investment property, this homes has a positve strong rental history. Revenue of approx. 60K a season in rentals. Located on leased land which could be a good write-off with summer rentals. Off street parking for 7 cars. 8 Beach badges come with annual club charge. The manager has listed the unit size as 680 square feet.
| |||
Property Highlights
Parking Available
Air Conditioning
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: Sherrie Forst, Weichert Realtors-Normandy Bch
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22004734
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# 22004734
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