$250,000
●
House -
Off Market
504 Ocean Gate Avenue
Ocean Gate, NJ 08740
4 Beds
2 Baths
2,144 Ft²
$436,707
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model
About This Property
Looking for that home where you can live,relax & feel like you are
on a vocation all year round? Well here you have it. The search is
over.
504 Ocean Gate Ave is an oversize cape with enough space & layout to easily convert it to a mother/daughter.
It offers 4 bedrooms & 2 full baths.The main living area consist of a living area that includes the living room, a sunroom, kitchen,dinning room , 3 bedrooms and a full bath upstairs.
Going through the hallway of your new home it will take you to the other wing of the house which comprise of another bedroom, a full bath, office space & a sunken den.
This is the home for you & your family. You deserve it. Make an appointment to see it today.
504 Ocean Gate Ave is an oversize cape with enough space & layout to easily convert it to a mother/daughter.
It offers 4 bedrooms & 2 full baths.The main living area consist of a living area that includes the living room, a sunroom, kitchen,dinning room , 3 bedrooms and a full bath upstairs.
Going through the hallway of your new home it will take you to the other wing of the house which comprise of another bedroom, a full bath, office space & a sunken den.
This is the home for you & your family. You deserve it. Make an appointment to see it today.
Unit Size
2,144 Ft²
Days on Market
-
Land Size
-
Price per sqft
$144
Property Type
House
Property Taxes
$168
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 #22000112)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 29, 2020 | Sold | ||
| Sold | |||
| Jan 2, 2020 | Listed by Keller Williams Realty Monmouth/Ocean | $309,000 | |
| Listed by Keller Williams Realty Monmouth/Ocean | |||
| Mar 15, 2016 | Sold | ||
| Sold | |||
| Sep 1, 2015 | Listed by RE/MAX at Barnegat Bay - Forked River | $285,000 | |
| Listed by RE/MAX at Barnegat Bay - Forked River | |||
| | |||
|
This Ocean Gate Cape has been completely updated and redone. It offers 4 bedrooms and 2 full bathrooms, plus so much more space. The main living area includes the living room, sun room, kitchen and dining room plus 3 bedrooms and a bathroom upstairs. Through a hallway are a bedroom, library, sunken den and full bathroom, which allow for a possible mother/daughter or home office set up. The property is tastefully landscaped and hardscaped. The back yard offers a deck, above ground pool, hot tub and is completely fenced in for privacy. There is also a detached garage and driveway for parking and storage. This home offers a full basement with a laundry room and is NOT in a flood zone!! Be in your new home in time for summer to enjoy the quaint charm of Ocean Gate's beach and boardwalk.
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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
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About Ocean Gate
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Currently no similar homes aroundNearby Rentals
Listed by: Luke Graham, Keller Williams Realty Monmouth/Ocean
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22000112
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# 22000112
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