$1,058,000
●
House -
Off Market
414 16th Avenue
Belmar, NJ 07719
5 Beds
4 Baths
$1,629,987
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model
About This Property
Like new home set on large lot between beach & town. Bring the
family or in-laws! Plenty of room for all in this exceptional home.
Spacious Kitchen/Living & Dining area offers comfortable flow for
entertaining. Fantastic Master Bedroom w/ high ceilings, decorative
molding, walk in closet and large master bath. This home offers a
first floor bedroom and two Master Suites. Third floor living area
has built in kitchenette with sink and refrigerator & views of the
ocean from the built in bench seat. Parking or 4 & 1 Car garage.
Note large lot size 53x120. Many special appointments throughout.
Flood insurance is not needed. In zone X. Don't miss
this one!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$634
HOA Dues
-
Year Built
1950
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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: 2 years ago (MOMLS #22005284)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 29, 2024 | Sold | ||
| Sold | |||
| Oct 14, 2023 | Listed by Jack Green Realty | $1,769,000 | |
| Listed by Jack Green Realty | |||
| | |||
|
Fantastic opportunity to own this spectacular 5/6 bedroom, 4 full bath home just blocks to BELMAR beach!! This home was extensively renovated in 2011. First floor consists of a bright, open floor plan with lots of windows, a cook's kitchen, modern gas fireplace, full bath and a bedroom/office. Second floor has 3 large bedrooms (one being the primary with an en suite bathroom) and another full bath. Third floor boasts a massive bedroom with kitchenette and an en suite bathroom as well as an additional bedroom. The back yard is a private oasis with a large deck with gas firepit and a swim spa/hot tub combination which is usable year round. One car garage and parking for at least 5 more cars allows for many visitors !! Oh I almost forgot the outdoor shower with running hot and cold water so no sandy floors! Full basement for added storage and sweet front porch completes the package. Nothing to do but unpack and hit the beach!! Don't wait Will go fast
| |||
| Aug 14, 2020 | Sold | ||
| Sold | |||
| Feb 6, 2020 | Listed by Diane Turton, Realtors-Spring Lake | $1,190,000 | |
| Listed by Diane Turton, Realtors-Spring Lake | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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ft²
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HOA + Taxes
About Belmar
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Listed by: Doris Baril, Diane Turton, Realtors-Spring Lake
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22005284
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Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22005284
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