$575,000
●
House -
Off Market
367 Aldo Drive
Toms River, NJ 08753
3 Beds
2 Baths
2,060 Ft²
$581,665
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model
About This Property
Awesome opportunity for an expanded ranch on an oversized lot on
the water in Silver Bay a short distance open bay! This home is
elevated nicely and just needs some updating. Open floorplan with
high ceilings in foyer and living room. The family room area has
beautiful wood vaulted ceilings. It is possible to convert the
family room into a 4th Bedroom. The bulkhead is vinyl. Large deck
in the rear with room possibly for a pool if removed. The home has
baseboard heating throughout and mini split systems for air. The
home is being sold in as is condition, the buyer is responsible for
the CO. Some contents will be removed but majority of the contents
might remain, dealing with the sellers attorney who will make the
final decision based on offer amount. No elevation cert or survey.
Unit Size
2,060 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$279
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1969
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 2 years ago (MOMLS #22211779)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 24, 2025 | Sold | ||
| Sold | |||
| Dec 19, 2024 | In contract | - | |
| In contract | |||
| Oct 14, 2024 | Listed by RE/MAX Revolution | $799,900 | |
| Listed by RE/MAX Revolution | |||
| | |||
|
Beautiful and freshly updated waterfront expanded ranch on a prime street in Silver Bay nestled among million-dollar homes! This modern home is situated on an oversized corner lot with maintenance-free stone landscaping, an oversized driveway, and a welcoming stone front porch with double entry doors. Offering an updated kitchen, baths and all newer flooring and paint this is truly a turn key opportunity. The master bedroom is spacious and can also be used as a large great room with high ceilings and gas fireplace.
Potential 4th bedroom or office. Highlights include a vinyl bulkhead, boat lift (6K lb capacity), hot tub, new shed, new appliances and hot water baseboard heat along with a 5-zone mini-split system. Flood insurance is just $1,100/year. Quick closing available!
| |||
| Dec 15, 2023 | Sold | ||
| Sold | |||
| Jul 21, 2023 | Listed by RE/MAX Revolution | $739,999 | |
| Listed by RE/MAX Revolution | |||
| | |||
|
Possible Owner financing available to qualified buyers . Beautiful 4 Bedroom 2 full bath waterfront home on one of the nicest streets in Toms River. Surrounded by million dollar homes sits 367 Aldo Drive. This contemporary home has maintenance free stone landscaping, an oversized driveway, stone front porch with double entry doors, and modern living. Master bedroom is HUGE with large windows and closet and a full bath OR can also be used a a Large great room with 3 additional bedrooms. There may even be room for a pool here! This waterfront home has a letter of NON-SUBSTANTIAL damage from the town. Quick closing possible
| |||
Show More
Property Highlights
Fireplace
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 Toms River
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Justin Bosak, RE/MAX Revolution
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22211779
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# 22211779
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017