$325,000
●
House -
Off Market
523 Holmes Avenue
Forked River, NJ 08731
3 Beds
3 Baths,
1
Half Bath
$412,163
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
FABULOUS custom raised ranch with finished basement on low
maintenance corner lot. Large updated kitchen with granite
counters. TWO gas fireplaces! Master bedroom has walk in closet &
double closet. Master bath totally renovated. STUNNING family room
with fireplace, den, half bath & laundry room complete finished
basement. TV & surround sound system in family room included!
Ceiling fans in all bedrooms & on rear porch. Central air/gas HWBB
heat. REFINISHED Hardwood floors & tile throughout upper level;
basement has tile & laminate flooring. Covered front and rear
porches. HEATED TWO garage with EXTRA half car garage for
motorcycle, storage. Garage is oversized, heated with 2 exhaust
fans. Additional wine cellar/storage room. Paver patio,
vegetable gardens & lovely flowering landscaping
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1979
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Cap Rate Calculator
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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: 3 years ago (MOMLS #22026306)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 17, 2020 | Sold | ||
| Sold | |||
| Jul 30, 2020 | Listed by RE/MAX Award Realtors | $304,900 | |
| Listed by RE/MAX Award Realtors | |||
| May 26, 2019 | No longer available | - | |
| No longer available | |||
| Jan 20, 2019 | Listed | $299,900 | |
| Listed | |||
| | |||
|
Here is a custom raised ranch with finished basement on maintenance free corner lot. HEATED TWO garage with half car garage for motorcycle, storage. Large updated kitchen with granite counters TWO gas fireplaces! Master bedroom has walk in closet & double closet. Master bath totally renovated. Fabulous family room with fireplace, den, half bath & laundry room complete finished basement. Garage is oversized with plenty of rooms for workshop. Also has additional wine cellar or storage room. Hardwood & tile floors throughout upper level; basement has tile & laminate flooring. Covered front and rear porches. Ceiling fans in all bedrooms. Central air/gas HWBB heat.
| |||
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: Roxanne D'Amore, RE/MAX Award Realtors
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22026306
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# 22026306
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017