$267,000
●
Condo -
Off Market
3610 Route 35 #2B
Normandy Beach, NJ 08735
2 Beds
1 Bath
$510,470
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model
About This Property
It doesn't get any better than this at this price. Check out this 2
bedroom, ocean block condo with a private beach and clubhouse.
Located in Normandy Beach allowing easy access to Seaside or Point
Pleasant entertainment. Huge bedrooms, living room, dining room and
large laundry room. Great outdoor space with a private back deck.
Hardwood flooring and central air throughout the unit. Perfect for
yourself or an investment property (weekly summer rentals
permitted). Most furnishings included. Association includes beach
access, clubhouse, playground, tennis courts and bay beach. As per
owner, no Sandy damage in unit.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$570
HOA Dues
$278
Year Built
-
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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 #21511321)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 28, 2015 | Sold | ||
| Sold | |||
| Mar 30, 2015 | Listed by Real Estate, LTD | $285,000 | |
| Listed by Real Estate, LTD | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Asphalt, Assigned
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 2
Full Bathrooms: 1
Flooring Type: Wood
Crawl Space
Exterior Details
Year Built: 1980
Parcel Number: 08-00916-0000-00035-02-C02b
Exclusions: Some furniture. See Attached document.
Exterior Features: Deck
Roof: Timberline
Architectural Style: Lower Level
Lot Size Dimensions: x
Land Assessed Value: $0
Financial Details
Tax Assessed Value: $337,100
Tax Year: 2014
Tax Annual Amount: $6,836
Association Fee Includes: Common Area, Fire/Liab
Association Amenities: Tennis Court, Beach, Association, Clubhouse, Landscaping
Association Fee: $278
Association Fee Frequency: Monthly
Utilities Details
Cooling Type: Central Air
Heating Type: Electric, Electric BB
Sewer Information: Public Sewer
Water Source: Public
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/04/2020
|
2 Bed
|
1 Bath
|
1008 ft²
|
$394,900
2 Bed
1 Bath
1008 ft²
|
$360,000
-8.84%
06/02/2021
|
Christian Schlueter
RE/MAX at Barnegat Bay - Toms River
| |
|
09/21/2016
|
3 Bed
|
2 Bath
|
1408 ft²
|
$319,900
3 Bed
2 Bath
1408 ft²
|
$329,900
+3.13%
11/18/2016
|
Robert Schwartz
Mantoloking Realtors
| |
|
02/17/2016
|
2 Bed
|
2 Bath
|
-
|
$295,000
2 Bed
2 Bath
|
$259,000
-12.20%
04/01/2016
|
Claudia Gearheart
Ocean Ventures Realty, Inc.
| |
|
03/30/2015
|
2 Bed
|
1 Bath
|
-
|
$285,000
2 Bed
1 Bath
|
$267,000
-6.32%
05/28/2015
|
Christina Tonzola
RE/MAX Real Estate LTD
|
Building Info
About Dover Beaches North
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Listed by: Christina Tonzola, Real Estate, LTD
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21511321
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# 21511321
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