$399,900
●
House -
Off Market
609 Cramer Avenue
Point Pleasant Beach, NJ 08742
2 Beds
2 Baths,
1
Half Bath
1,100 Ft²
$633,506
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model
About This Property
Do not miss this opportunity to live in a prime spot in Point
Pleasant Beach. Walking distance to everything Pt Beach has to
offer including beach, restaurants, shops, schools. This 2 BR, 1.5
Bath Ranch w/full-partially finished high and dry basement with
dehumidification and 1/2 bath on a corner lot was not touched by
the waters of Sandy and is not in a flood zone. It is vinyl sided,
has a newer timberline roof, newer windows including 2 Bay and 1
Picture, hardwood flooring throughout except Bath, Kitchen & FR,
Huge Living Room, Formal Dining Room & cozy Family Room w/recessed
lighting & ventless gas fireplace. 127 foot frontage with large
side yard, concrete patio, large shed & double wide driveway for
off street parking. Attic w/pull down stairway is partially floored
for ample storage
Unit Size
1,100 Ft²
Days on Market
-
Land Size
-
Price per sqft
$364
Property Type
House
Property Taxes
$444
HOA Dues
-
Year Built
1940
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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 #21737610)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 20, 2017 | Sold | ||
| Sold | |||
| Sep 27, 2017 | Listed by RE/MAX New Beginnings Realty | $399,900 | |
| Listed by RE/MAX New Beginnings Realty | |||
| | |||
|
Do not miss this opportunity to live in a prime spot in Point Pleasant Beach. Walking distance to everything Pt Beach has to offer including beach, restaurants, shops, schools. This 2 BR, 1.5 Bath Ranch w/full-partially finished high and dry basement with dehumidification and 1/2 bath on a corner lot was not touched by the waters of Sandy and is not in a flood zone. It is vinyl sided, has a newer timberline roof, newer windows including 2 Bay and 1 Picture, hardwood flooring throughout except Bath, Kitchen & FR, Huge Living Room, Formal Dining Room & cozy Family Room w/recessed lighting & ventless gas fireplace. 127 foot frontage with large side yard, concrete patio, large shed & double wide driveway for off street parking. Attic w/pull down stairway is partially floored for ample storage
| |||
Property Highlights
Parking Available
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Point Pleasant Beach
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Listed by: Joseph M Ferentino, RE/MAX New Beginnings Realty-Toms River
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21737610
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# 21737610
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