$422,350
●
House -
Off Market
612 Ocean Road
Spring Lake Heights, NJ 07762
3 Beds
2 Baths
1,473 Ft²
$681,440
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model
About This Property
This home is in a splendid location just blocks to the beach, train
station and downtown Spring Lake. Local shopping and recreational
amenities nearby as well. Bring your ideas and make it your own as
you update and enhance this 2 story cottage style home. Rooms are
small but charm abounds. Square footage obtained from municipal tax
records. Situated on an expansive 60 x 140 lot. Close to
Wreck Pond Wildlife area too. 3 cozy bedrooms work for a year round
or vacation home. Enjoy all Spring Lake Heights has to offer. This
is a wonderful Jersey Shore community: restaurants, tennis, parks,
golf and shopping. Spring Lake Heights school system is K-8.
Home is ''as is'' but lots of fine qualities and potential.
Pack your bags...
Unit Size
1,473 Ft²
Days on Market
-
Land Size
-
Price per sqft
$305
Property Type
House
Property Taxes
$611
HOA Dues
-
Year Built
1926
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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 #21810660)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 30, 2018 | Sold | ||
| Sold | |||
| Aug 22, 2018 | No longer available | - | |
| No longer available | |||
| Jun 8, 2018 | Listed | $449,000 | |
| Listed | |||
| | |||
|
This home is in a splendid location just blocks to the beach, train station and downtown Spring Lake. Local shopping and recreational amenities nearby as well. Bring your ideas and make it your own as you update and enhance this 2 story cottage style home. Rooms are small but charm abounds. Square footage obtained from municipal tax records. Situated on an expansive 60 x 140 lot. Close to Wreck Pond Wildlife area too. 3 cozy bedrooms work for a year round or vacation home. Enjoy all Spring Lake Heights has to offer. This is a wonderful Jersey Shore community: restaurants, tennis, parks, golf and shopping. Spring Lake Heights school system is K-8. Home is ''as is'' but lots of fine qualities and potential. Pack your bags... The manager has listed the unit size as 1473 square feet.
| |||
| Apr 6, 2018 | Listed by Ward Wight Sotheby's International Realty | $449,000 | |
| Listed by Ward Wight Sotheby's International Realty | |||
Property Highlights
Parking Available
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
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Listed On
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Sold On
HOA + Taxes
About Spring Lake Heights
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Currently no similar homes aroundNearby Rentals
Listed by: Nancy W Chamberlin, Ward Wight Sotheby's International Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21810660
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# 21810660
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