$435,000
●
House -
Off Market
54 Florence Avenue
Leonardo, NJ 07737
2 Beds
1 Bath
$398,511
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
This home belongs as a feature in a magazine! Walk up to a
craftsman porch excellent for watching thunderstorms and enjoying
the sea breeze. Inside there is 12 ft vaulted ceilings and an open
floor plan. Front loader washer and dryer, stainless steel
appliances, quartz countertops, and a massive farmhouse sink. The
main bedroom features a large walk in closet. The bathroom has been
beautifully updated. The backyard has a large deck and a beautiful
well-maintained lawn with a built-in fire pit. At the rear of the
yard is an oversized shed with a high ceiling and a loft space for
extra storage for bikes or kayaks. The shed has electricity and
would make an excellent she-shed, workout area, or hobby space.
Excellent schools and great commuting options!
Unit Size
-
Days on Market
52 days
Land Size
0.07 acres
Price per sqft
-
Property Type
House
Property Taxes
$484
HOA Dues
-
Year Built
1938
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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 #22321830)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 2, 2023 | Sold | ||
| Sold | |||
| Aug 8, 2023 | Listed by Heritage House Sotheby's International Realty | $399,999 | |
| Listed by Heritage House Sotheby's International Realty | |||
| Nov 24, 2020 | Sold | ||
| Sold | |||
| Oct 7, 2020 | Listed by WEICHERT CO REALTORS | $289,000 | |
| Listed by WEICHERT CO REALTORS | |||
| | |||
|
Absolutely adorable custom home in the Leonardo section of Middletown. Completely renovated in 2018. Every detail carefully crafted. The 'farmhouse' rocking chair front porch invites you into the modern move in ready living space. Charming and unique features throughout - a custom built sliding barn door, live edge white oak bar top, soapstone backsplash,, and a built in wall ladder up to the loft storage area! All accenting the updated 'every day' amenities making living in this home so comfortable - granite/quartz countertops, vinyl plank flooring, marble bathroom tile, tankless water heater, and brand new appliances. Open living room/kitchen concept leads out to large deck overlooking fenced in backyard. Great commuter location close to the beach. This is a timeless classic!
| |||
| Feb 1, 2017 | Sold | ||
| Sold | |||
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About Leonardo
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Listed by: Brian P McNamara, Heritage House Sotheby's International Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22321830
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: 2 years ago
Data Source: MOMMLS, MLS# 22321830
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Phone: 425-283-2930
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