$1,201,000
●
House -
Off Market
505 18th Avenue
Lake Como, NJ 07719
3 Beds
3 Baths,
1
Half Bath
2,300 Ft²
$1,170,043
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model
About This Property
4 BLOCKS TO BEACH ~ CLASSIC SEASHORE ALMOST NEW HOME ~ Walking
distance to Spring Lake & Belmar beaches, shops and restaurants.
Beautiful open layout allows for easy shore living with a stunning
well appointed kitchen with a center island, which flows to the
family room with a gas fireplace. Second floor features Master
Suite plus 2 additional bedrooms, full bath, and laundry room.
Separate 1st floor den/office or guest room. Hardwood floors
throughout, oversize 2-car garage with parking for 4 cars,
mudroom/entryway with built-in seating. Enjoy dinner al fresco in the private fenced yard with paver patio and Outdoor shower. Sold with the beautiful furniture all selected by an interior designer.
mudroom/entryway with built-in seating. Enjoy dinner al fresco in the private fenced yard with paver patio and Outdoor shower. Sold with the beautiful furniture all selected by an interior designer.
Unit Size
2,300 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$435
Property Type
House
Property Taxes
$384
HOA Dues
-
Year Built
2019
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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 #22112928)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 10, 2021 | Sold | ||
| Sold | |||
| Apr 28, 2021 | Listed by Childers Sotheby's Intl Realty | $999,999 | |
| Listed by Childers Sotheby's Intl Realty | |||
| Oct 30, 2018 | Sold | ||
| Sold | |||
| Sep 13, 2018 | No longer available | - | |
| No longer available | |||
| Jun 13, 2018 | Listed | $699,000 | |
| Listed | |||
| | |||
|
BRAND NEW CONSTRUCTION. 4 BLOCKS TO BEACH. Classic seashore home is COMPLETE and ready for you to start living the dream. Walking distance to Belmar & Spring Lake beaches, shops and restaurants. Open layout, clean lines, and hi-end finishes typically found in a much higher price point. Gorgeous white and stainless kitchen opens to the family room with gas fireplace, plus a separate 1st floor den/office or guest room. Second floor features Master Suite plus 2 additional bedrooms, full bath, and laundry room. Hardwood floors throughout, Tankless water heater, Hi-efficiency furnace. This builder does not disappoint! 2-car garage, mudroom/entryway with built-in seating, fenced in yard, this home has it all. Where else can you find new construction EAST of Main St at this price? The manager has listed the unit size as 2300 square feet.
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About Lake Como
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Listed by: Christina Hathaway, Childers Sotheby's Intl Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22112928
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# 22112928
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