$1,275,000
●
House -
Off Market
507 12th Avenue
Belmar, NJ 07719
5 Beds
3 Baths,
1
Half Bath
4,323 Ft²
$1,785,874
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model
About This Property
This elegant & modern home offers a gracious floor plan with lots
of living space, a large breezy front porch & exceptional
architectural detail. 507 12th Ave is situated four blocks to the
beach & close to town, rests on a 50x150 lot with fenced back yard,
aspalt/paver driveway & detached garage. It offers tremendous
natural light, custom hardwood floors with dark inlays, crown
moldings, beamed/vaulted/tray ceilings, custom lighting and a
smartly designed floor plan. The home's spacious master bedroom
offers a generous en-suite bath, walk-in closet, vaulted ceilings &
private balcony. There is a first floor bedroom with attached
bathroom, full partially finished basement & bonus den/office on
the 3rd floor. Home is equipped with an in-ground sprinkler system
& wholly owned solar system.
Unit Size
4,323 Ft²
Days on Market
38 days
Land Size
0.17 acres
Price per sqft
$298
Property Type
House
Property Taxes
$1,009
HOA Dues
-
Year Built
2010
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 8 months ago (MOMLS #22019578)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 24, 2020 | Sold | ||
| Sold | |||
| Jun 16, 2020 | Listed by Ward Wight Sotheby's International Realty | $1,288,000 | |
| Listed by Ward Wight Sotheby's International Realty | |||
| Apr 15, 2013 | Sold | ||
| Sold | |||
| Jan 1, 2013 | Listed by Keller Williams Realty West Monmouth | $799,000 | |
| Listed by Keller Williams Realty West Monmouth | |||
| | |||
|
No damage from Sandy. This 5 BR, 3.5 Bath Custom Colonial offers four levels of living space. Features include Hardwood floors w/walnut inlay, First Floor Guest Suite, Granite Center Island Kitchen w/ breakfast Bar, Stainless Appliances including Wine Fridge, 2nd Floor Laundry, Generous Bedroom sizes, Master BR Suite w/ vaulted ceiling & Private balcony, plus 3rd Floor Loft/Office, Full, partially finished DRY Basement, Detached Garage & private Backyard - all a few short blocks to the Beach!
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
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 Belmar
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jacob L Smith, Ward Wight Sotheby's International Realty
Last Updated: 8 months ago
Data Source: MOMMLS, MLS# 22019578
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: 8 months ago
Data Source: MOMMLS, MLS# 22019578
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017