$606,000
●
House -
Off Market
36 Patten Lane
Long Branch, NJ 07740
3 Beds
4 Baths,
1
Half Bath
2,318 Ft²
$972,937
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model
About This Property
Waterfront! Welcome car buffs & boaters! Oversized 3 car heated &
insulated garage, dock w/16,000 lb. boatlift,
& 1 acre of land for your toys. Completely remodeled 3BR, 3.5 Bath featuring upgraded Kit. w/granite counters, maple cabinetry, induction cook top,& Travertine backsplash. FR w/gas FP w/granite maple surround & wet bar. All bedrooms have private bathrooms! MB has steam shower
w/rain head & granite cherry vanity. Radiant heat tile floors on first level. Anderson tilt windows & solar tubes! Custom window treatments. Reinforced bulkhead & jet ski dock. High efficiency heat pump & tankless water heater, & PEX home run plumbing. WHOLE HOUSE GENERATOR! LED lighting throughout w/300Amp service. Security system to central Station. Complete features list & survey are on document link.
& 1 acre of land for your toys. Completely remodeled 3BR, 3.5 Bath featuring upgraded Kit. w/granite counters, maple cabinetry, induction cook top,& Travertine backsplash. FR w/gas FP w/granite maple surround & wet bar. All bedrooms have private bathrooms! MB has steam shower
w/rain head & granite cherry vanity. Radiant heat tile floors on first level. Anderson tilt windows & solar tubes! Custom window treatments. Reinforced bulkhead & jet ski dock. High efficiency heat pump & tankless water heater, & PEX home run plumbing. WHOLE HOUSE GENERATOR! LED lighting throughout w/300Amp service. Security system to central Station. Complete features list & survey are on document link.
Unit Size
2,318 Ft²
Days on Market
-
Land Size
1.06 acres
Price per sqft
$276
Property Type
House
Property Taxes
$1,085
HOA Dues
-
Year Built
1968
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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: 2 years ago (MOMLS #21802347)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 18, 2018 | Sold | ||
| Sold | |||
| Jan 21, 2018 | Listed by RE/MAX Elite | $639,000 | |
| Listed by RE/MAX Elite | |||
| Jul 29, 2017 | Listed | $625,000 | |
| Listed | |||
| | |||
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Stunning completely remolded 3 bedroom, 3.5 bath waterfront retreat nestled on the Shrewsbury River.Featuring upgraded kitchen granite counters, solid maple cabinetry, LED lighting, induction cooktop, & Travertine backsplash. Family room features gas fireplace, custom granite maple surround wet bar. All 3 Bedrooms are complete with en suite baths. Master bath has steam shower w/ rain head,& granite cherry vanity. Radiant heat tile floors & bamboo scraped floors throughout. Custom window treatments, Anderson tilt windows & solar tubes. Features include reinforced bulkhead, 16,000 lb boat lift, jet ski dock, high efficiency heat pump, high efficiency tank less water heater, PEX home run plumbing, 3 car over sized garage, security system, generator, many other upgrades. Min. to beaches! The manager has listed the unit size as 2318 square feet.
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Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Long Branch City
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Listed by: Gerard B Scala, RE/MAX Elite
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21802347
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: 2 years ago
Data Source: MOMMLS, MLS# 21802347
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