20
Map
$355,000
●
Condo -
Off Market
59 Maple Drive
Spring Lake Heights, NJ 07762
2 Beds
2 Baths
1,148 Ft²
$576,010
RealtyHop Estimate
44.36%
Since Mar 1, 2020
National-US
Primary Model
About This Property
You're within reach of the beach at this 1-story Augusta ranch
model in Fairway Mews with views of pond and fairway. The floor
plan delivers 2 bedrooms, 2
bathrooms, master suite with private bath, walk-in closet and patio doors. Other features include 1-secondary bedroom, dining area, vaulted living room with wood burning fireplace and patio door to covered patio with view of fairway and pond.. This beautifully seasonally landscaped gated community is less than 4 minutes toSpring Lake Beach, Third Avenue shops and eateries. The community amenities include 18-hole executive golf course with putting green, pro shop, club house, library,heated outdoor pool and tennis courts.
bathrooms, master suite with private bath, walk-in closet and patio doors. Other features include 1-secondary bedroom, dining area, vaulted living room with wood burning fireplace and patio door to covered patio with view of fairway and pond.. This beautifully seasonally landscaped gated community is less than 4 minutes toSpring Lake Beach, Third Avenue shops and eateries. The community amenities include 18-hole executive golf course with putting green, pro shop, club house, library,heated outdoor pool and tennis courts.
Unit Size
1,148 Ft²
Days on Market
212 days
Land Size
-
Price per sqft
$348
Property Type
Condo
Property Taxes
$492
HOA Dues
$350
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: 5 months ago (MOMLS #21928984)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 10, 2020 | Sold | ||
| Sold | |||
| Jul 12, 2019 | Listed by Gloria Nilson & Co. Real Estate | $399,000 | |
| Listed by Gloria Nilson & Co. Real Estate | |||
Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Rooms: 8
Has Fireplace
Fireplaces: 1
Basement: None
Exterior Details
Has Property Attached
Square Footage: 1148
Architectural Style: Ranch, Detached
Year Built: 1978
Waterfront Features: Pond
Building Area Total: 1148
Patio and Porch Features: Patio
Pool Features: Common
Lot Features: Pond on Lot
Water Source: Public
Financial Details
Tax Assessed Value: $418,600
Tax Annual Amount: $5,902
Utilities Details
Heating Type: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Common Area, Pool
HOA/Condo/Coop Amenities: Management, Clubhouse, Association
HOA Fee: $350
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 |
|---|---|---|---|---|---|---|---|
|
05/02/2020
| |
2 Bed
|
2 Bath
|
-
|
$575,000
2 Bed
2 Bath
|
$565,000
-1.74%
07/09/2020
|
Michael O'Keefe
Keller Williams Realty Spring Lake
|
|
07/12/2019
| |
2 Bed
|
2 Bath
|
1148 ft²
|
$399,000
2 Bed
2 Bath
1148 ft²
|
$355,000
-11.03%
02/10/2020
|
Nancy L Edmonds Schroeder
Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
|
|
01/11/2019
| |
2 Bed
|
2 Bath
|
1148 ft²
|
$430,000
2 Bed
2 Bath
1148 ft²
|
-
-
|
-
|
|
07/10/2018
| |
2 Bed
|
2 Bath
|
1148 ft²
|
$305,000
2 Bed
2 Bath
1148 ft²
|
-
-
|
-
|
Building Info
About Spring Lake Heights
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Listed by: Nancy L Edmonds Schroeder, Gloria Nilson & Co. Real Estate
Last Updated: 5 months ago
Data Source: MOMMLS, MLS# 21928984
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Last Updated: 5 months ago
Data Source: MOMMLS, MLS# 21928984
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