$430,528
●
Condo -
Off Market
53 Cotswold Circle
Ocean Twp, NJ 07712
2 Beds
2 Baths,
1
Half Bath
1,558 Ft²
$2,908
Est. Monthly
$419
HOA / Fees
6.47%
Cap Rate
About This Property
Welcome to a rare opportunity in the highly desirable Cotswold On
the Green community! This spacious 2-bedroom (+BONUS Loft),
2.5-bath townhouse with basement & attached garage is a blank
canvas, an excellent opportunity for a savvy buyer who is ready to
create their dream home! The large primary bedroom has an en-suite
bath that's already been gutted & ready for your renovation vision.
The wood-burning fireplace adds a cozy touch to the two story
living room. NEW roof (1 yr), AC (4 mo), and furnace (4 mo), HWH (4
yrs). Situated in a prime location within the community,
you'll love the lush green views. Community amenities include: a
pool, tennis courts, & community center. Schedule your showing
TODAY!
Unit Size
1,558 Ft²
Days on Market
28 days
Land Size
-
Price per sqft
$256
Property Type
Condo
Property Taxes
$529
HOA Dues
$419
Year Built
1985
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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: 2 years ago (MOMLS #22422494)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 5, 2024 | Sold | ||
| Sold | |||
| Aug 21, 2024 | In contract | - | |
| In contract | |||
| Aug 5, 2024 | Listed by Keller Williams Realty Spring Lake | $399,000 | |
| Listed by Keller Williams Realty Spring Lake | |||
Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Assigned, Guest
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Attic, Ceilings - 9Ft+ 1st Flr, Loft
Flooring Type: Cement
Door Features: Sliding Doors
Has Fireplace
Fireplaces: 1
Basement: Unfinished
Exterior Details
Has Property Attached
Square Footage: 1558
Year Built: 1985
Building Area Total: 1558
Levels: 2 Story
Window Features: Skylight(s)
Pool Features: Common
Pool is Private
Water Source: Public
Financial Details
Tax Assessed Value: $417,100
Tax Annual Amount: $6,350
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Snow Removal, Common Area, Exterior Maint, Lawn Maintenance, Pool
HOA/Condo/Coop Amenities: Tennis Court(s), Management, Pool, Community Room, Common Area
HOA Fee: $419
HOA Fee Frequency: Monthly
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/02/2024
|
2 Bed
|
3 Bath
|
1558 ft²
|
$585,000
2 Bed
3 Bath
1558 ft²
|
$585,000
11/07/2024
|
CHRISTOPHER CONDURSO
EXP REALTY, LLC
| |
|
08/05/2024
| |
2 Bed
|
2 Bath
|
1558 ft²
|
$399,000
2 Bed
2 Bath
1558 ft²
|
$430,528
+7.90%
09/05/2024
|
Adrianna Mieras
EXP Realty, LLC
|
Building Info
About Monmouth
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Listed by: Adrianna Mieras, Keller Williams Realty Spring Lake
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22422494
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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# 22422494
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017