$625,000
●
House -
Off Market
5 Privateer Drive
Waretown, NJ 08758
3 Beds
3 Baths,
1
Half Bath
$603,663
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
Bayviews from this upgraded contemporary colonial located in the
Sands Point section of Waretown. Quick ride to the bay, only
one lagoon away! 80x100 lot, 80 foot newer vinyl bulkhead
w/70' lower trex dock, leaving room for a jetski ramp. Open
floor plan offers waterviews throughout and includes a 2-story
foyer, Juliet staircase, Living room w/gas fireplace, Dining room
w/slider to back deck. Kitchen has granite counters with
breakfast bar and stainless appliances. 12x18 sunroom and 2nd
floor owners suite. Newer A/C and Newer Windows & Sliders
that carry a lifetime warranty! Annual Premium Flood
Insurance is $512
Unit Size
-
Days on Market
-
Land Size
0.18 acres
Price per sqft
-
Property Type
House
Property Taxes
$719
HOA Dues
-
Year Built
1991
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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 #22205424)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 25, 2022 | Sold | ||
| Sold | |||
| Mar 1, 2022 | Listed by Diane Turton, Realtors-Lacey | $599,000 | |
| Listed by Diane Turton, Realtors-Lacey | |||
| May 25, 2018 | Sold | ||
| Sold | |||
| Apr 6, 2018 | Listed by Weichert Realtors-Forked River | $379,777 | |
| Listed by Weichert Realtors-Forked River | |||
| | |||
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Wake up to unobstructed spectacular sunrise is over the barn to get pay at the start of each day. This contemporary colonial is nestled across from protected wetlands and the bay with 80 footer for waterfront inviting open floor plan has two story for you with Juliet staircase and ceramic flooring beautiful hardwood flooring in living room that has the wood-burning fireplace with marble surround and cathedral ceiling. Sliding doors from living room to new were sunroom addition where you can relax and enjoy the tranquility or the sunsets. Kitchen with stainless steel appliances and breakfast bar. Dock your boat and water toys in the yard with 80 foot of bulkhead there's plenty of room. One lagoon to the bay
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Property Highlights
Garage
Parking Available
Air Conditioning
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 Ocean
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Listed by: Toula N Rosebrock, Diane Turton, Realtors-Lacey
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22205424
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# 22205424
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