$765,000
●
House -
Off Market
539 Summit Drive
Point Pleasant, NJ 08742
3 Beds
2 Baths
1,512 Ft²
$4,319
Est. Monthly
About This Property
This inviting 3-bedroom, 2-bath ranch is filled with natural light
and features hardwood floors throughout and an open living and
dining area with a gas fireplace. A window-surround sunroom opens
to a private backyard with patio creating a comfortable setting for
both quiet enjoyment and entertaining. The home is completed by
three nicely sized bedrooms, two updated baths, and a white kitchen
with granite countertops and a center island. A finished basement
offers flexible living space, along with a laundry area and
convenient garage access. Ideally located close to town, shopping,
and area beaches.
Unit Size
1,512 Ft²
Days on Market
54 days
Land Size
0.23 acres
Price per sqft
$495
Property Type
House
Property Taxes
$640
HOA Dues
-
Year Built
1978
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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: 8 months ago (MOMLS #22537335)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 19, 2026 | Sold | ||
| Sold | |||
| Jan 6, 2026 | In contract | - | |
| In contract | |||
| Dec 26, 2025 | Listed by Berkshire Hathaway HomeServices Fox & Roach - Holmdel | $749,000 | |
| Listed by Berkshire Hathaway HomeServices Fox & Roach - Holmdel | |||
| Jun 14, 2019 | Sold | ||
| Sold | |||
| Apr 26, 2019 | Listed by Keller Williams Shore Properties | $415,000 | |
| Listed by Keller Williams Shore Properties | |||
| | |||
|
Don't miss this amazing 3 bed / 2 bath home which is truly in move-in condition. This warm and inviting home has been meticulously cared for and features a huge living room with hardwood floors and fireplace. French doors open to a heated three seasons room which will quickly become your favorite room in the house. The large kitchen features granite countertops and the partially finished walk-out basement will satisfy all of your kid or cave requirements. Generous sized corner property with fenced in area for kids and pets all in a quiet suburban neighborhood only minutes away from the beaches of Bay Head and the Pt. Pleasant Boardwalk.
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Point Pleasant
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Rhonda L Beck-Edwards, Berkshire Hathaway HomeServices Fox & Roach - Holmdel
Last Updated: 8 months ago
Data Source: MOMMLS, MLS# 22537335
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# 22537335
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