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Leonardo 07737 Leonardo
526 Ocean Boulevard
$365,000
● House - Off Market

526 Ocean Boulevard

Leonardo, NJ 07737
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,306 Ft²
$458,259
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Charming 3 bedroom Colonial on a quiet street in Leonardo..sliders off kitchen to large private deck, full basement for storage, and much more...

Live blocks from the beach, no flood insurance,  in Middletown school district,

close to Seastreak ferry and bus transportation.. come enjoy all Monmouth County has to offer..  This one won't last!!!
Unit Size
1,306 Ft²
Days on Market
-
Land Size
-
Price per sqft
$260
Property Type
House
Property Taxes
$485
HOA Dues
-
Year Built
1943

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Cap Rate Calculator

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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: 3 years ago (MOMLS #22023290)

Price History

Date / Event Date Event Price
Sep 18, 2020 Sold
Premium
Sold
Jul 9, 2020 Listed by Resources Real Estate $339,000
Listed by Resources Real Estate

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1943
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 658
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,550
  • Lot Size Depth Feet: 710
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,555
  • Building Area: 1,555
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,555
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000081
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: L33

Neighborhood

  • School District Name: Middletown Township School District
  • Census Tract: 800400

Zoning

  • Zoning: R15

Geography

  • Assessors Map Reference: TAX MAP 29
  • Account Number: 7-3-1.5
  • District: 32
  • Parcel: 32 00340-0000-00004
  • Block: 340
  • Lot: 4
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.4207
  • Longitude: -74.0663

    Address

  • Full Address: 526 Ocean Blvd
  • Address - House Number: 526
  • Address - Street Name: Ocean
  • Address - Suffix Type: Blvd
  • State: NJ
  • City Name: Leonardo
  • Carrier Code: C003
  • 4-Digit Zip Code: 1137
  • Zip Code: 07737

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $772,367

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 569,204
  • High Value: 670,260
  • Low Value: 468,148

    Market Valuation

  • Market Total Value: $444,400
  • Market Land Value: $214,400
  • Market Improvement Value: $230,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $444,400
  • Assessed Land Value: $214,400
  • Assessed Improvements Value: $230,000

    Sales

  • Current Sale Contract Date: Sep 10, 2020
  • Current Sale Recording Date: Oct 05, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020114651
  • Previous Sale Recording Date: Jan 31, 2017
  • Previous Sale Contract Date: Jan 17, 2017
  • Previous Sale Amount: $492,475
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Leonardo

Stats & Trends

Median Asking:

$589,900

Sale Price/ft²

$389

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1578 ft²

Average Home Age

82.7 years

Currently For Sale

10 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 610 Monmouth Avenue, Port Monmouth, NJ, 07758

$3,400 /mo

  • 2 Beds
  • 1 Bath
  • 937 ft²
610 Monmouth Avenue, Port Monmouth, NJ, 07758 Listing by Jessica Plath

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Lori Eipel, Resources Real Estate
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22023290
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.

Frequently Asked Questions

When was property at 526 Ocean Boulevard built and last sold?
The property at 526 Ocean Boulevard was built in 1943 and last sold on Sep 10, 2020 for $365,000.
How much is this home worth?
The estimated value of the home located at 526 Ocean Boulevard is $0.
What are some comparable homes to 526 Ocean Boulevard?
There are currently no comparable homes to 526 Ocean Boulevard.
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