$199,900
●
House -
Off Market
405 7th Street
Waretown, NJ 08758
3 Beds
2 Baths
1,548 Ft²
$292,980
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model
About This Property
Great home for the family, first time home buyer, or retiree.
Recently updated home with 3 possibly 4 bedrooms as the office
could become that 4th bedroom, which also has a separate entrance
and attached bath. The kitchen is well appointed with white
cabinets, new counter tops, and stainless steel appliances. Relax
on your screened in porch within a fenced in back yard where there
is a shed for extra storage.
Unit Size
1,548 Ft²
Days on Market
44 days
Land Size
-
Price per sqft
$129
Property Type
House
Property Taxes
$271
HOA Dues
-
Year Built
1972
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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: 11 months ago (MOMLS #21931444)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 13, 2019 | Sold | ||
| Sold | |||
| Jul 30, 2019 | Listed by Home Alliance Realty | $199,900 | |
| Listed by Home Alliance Realty | |||
| | |||
|
Great home for the family, first time home buyer, or retiree. Recently updated home with 3 possibly 4 bedrooms as the office could become that 4th bedroom, which also has a separate entrance and attached bath. The kitchen is well appointed with white cabinets, new counter tops, and stainless steel appliances. Relax on your screened in porch within a fenced in back yard where there is a shed for extra storage.
| |||
| Jun 18, 2019 | Sold | ||
| Sold | |||
| Apr 22, 2019 | Listed by Williamson Realtors | $130,500 | |
| Listed by Williamson Realtors | |||
| | |||
|
Price Reduction!!! Good sized rancher, large living room, large kitchen/dining area has sliders that lead to covered patio. Garage has been converted to a possible 4th bedroom with a full bathroom and it has a separate entrance. HUD Home. Equal Housing Opportunity. Sold ''AS IS'' by elec. bid only. Prop avail 5/24/19. Bids due daily by 11:59 PM Central Time until sold. FHA Case #351-668360. Insured w Escrow Rpr. Eligible for FHA 203K. No repairs allowed until after closing. Buyer to verify all info. Repairs: Plumbing does not hold pressure, inspect and repair as needed.
Replace floor covering. Damaged window. Peeling paint.
| |||
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
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HOA + Taxes
About Ocean
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Listed by: Lisa G Lopez, Home Alliance Realty, LLC
Last Updated: 11 months ago
Data Source: MOMMLS, MLS# 21931444
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: 11 months ago
Data Source: MOMMLS, MLS# 21931444
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