08751
433 Sunset Drive S
$400,000
●
House -
Off Market
433 Sunset Drive S
Seaside Heights, NJ 08751
4 Beds
3 Baths,
1
Half Bath
3,030 Ft²
$875,938
RealtyHop Estimate
86.41%
Since Nov 1, 2014
National-US
Primary Model
About This Property
SPECTACULAR BAYFRONT LOCATION!!! If you ever dreamed about living
on the ''BAYFRONT'' here's your chance to own one of the best
locations on Pelican Island. 105' of southern exposure with sunsets
you'll need to see to believe. This house was ABSOLUTELY BEAUTIFUL
before Hurricane Sandy! Here's an opportunity to buy ''BAYFRONT'' for a fraction of the price. Rehab or start over...the
possibilities are endless!!
Unit Size
3,030 Ft²
Days on Market
-
Land Size
-
Price per sqft
$155
Property Type
House
Property Taxes
$886
HOA Dues
-
Year Built
1966
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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 #21419596)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 11, 2021 | No longer available | - | |
| No longer available | |||
| Mar 2, 2021 | Listed | $700,000 | |
| Listed | |||
| | |||
|
Rare Bayfront property on Pelican island with spectacular open water views, newer dock and bulkhead. This property was under renovation an has been largely raised. Great opportunity to finish this into a gorgeous house with 3 levels. This property is for contractors and investors only and is sold 100% as-is (all town and/or state inspections are the buyers responsibility).
| |||
| Feb 14, 2019 | Sold | ||
| Sold | |||
| Mar 30, 2018 | Listed by Seaside Heights Realty Inc. | $499,900 | |
| Listed by Seaside Heights Realty Inc. | |||
| | |||
|
Pelican Island, 105' of Bay Front w southern exposure. Sunsets in your back yard all year. Owner just installed New Vinyl Bulkhead and 50' dock w 2 boat slips. 2nd floor is perfect with 3 bedrooms 2 baths including a large great room over the garage. Only needs to lifted +/-3 feet to be deemed FEMA elevation compliant for the 1st floor. This doesn't exist anywhere else for this price. Move quickly to get some summertime fun in this Jersey Shore House. Your family will thank you forever for this new life. 1 hr from NYC, Philly and AC at GSPKY Exit 82. 1 mile to Seaside Park beaches, rides, shopping and dozens of restaurants. Access to private beach of your own. Call L/B for additional details and showing. Go to documents for survey and elevation certificate.
| |||
| Jul 29, 2017 | Listed | $499,900 | |
| Listed | |||
| | |||
|
Location! Location! Location! 106' of Bay-front property located on Pelican Island. 106' of bay front with great views of the Barnegat Bay. A chance to own one of the best pieces of property on Pelican Island. House was damaged from hurricane Sandy. If you are looking to build new or to lift a house and renovate ; here is your chance.
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Property Highlights
Garage
Parking Available
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Betty Meseroll, Seaside Heights Realty Inc.
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21419596
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# 21419596
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017