$479,500
●
Condo -
Off Market
68 Maple Drive
Spring Lake Heights, NJ 07762
2 Beds
2 Baths
1,416 Ft²
$699,631
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model
About This Property
Perfect opportunity to purchase an EXPANDED version of the sought
after Ranch Seaview A in Spring Lake Heights' premier gated
community Fairway Mews. The ''Mews'' offers all of the amenities of
a resort - 18 hole executive golf course (membership required),
heated community pool, tennis courts & much more. This unit is in a
private location and rests on a fairway. This model is an END UNIT
RANCH with a fabulous, large sunken living room with attractive
wood burning brick fireplace flanked by two sidelights & two glass
single ''French'' doors. Importantly, this model had been expanded
and adds an additional appx 200 square feet in the form of
versatile den. This home is PERFECT for someone in need of one
level living, downsize, upgrade, primary residence, second home or
investment property!
Unit Size
1,416 Ft²
Days on Market
-
Land Size
-
Price per sqft
$352
Property Type
Condo
Property Taxes
$629
HOA Dues
$375
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: 3 years ago (MOMLS #22011173)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 17, 2020 | Sold | ||
| Sold | |||
| Mar 22, 2020 | Listed by Ward Wight Sotheby's International Realty | $499,000 | |
| Listed by Ward Wight Sotheby's International Realty | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Paved, Asphalt, Driveway, Off Street, On Street, Visitor, Converted Garage
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Interior Features: Attic - Pull Down Stairs, Bonus Room, Den, Recessed Lighting
Rooms: 9
Has Fireplace
Fireplaces: 1
Exterior Details
Year Built: 1978
Parcel Number: 48-00042-11-00046
Inclusions: Washer, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Electric Cooking, Light Fixtures, Microwave, Stove, Refrigerator
Exterior Features: Controlled Access, Patio, Storm Door(s)
Foundation Details: Slab
Roof: Shingle
Construction Materials: Brick
Architectural Style: Lower Level, End Unit, One Level Unit, Ranch, Townhouse
Pool Features: Common, Heated, In Ground
Golf Course
Land Assessed Value: $0
Financial Details
Tax Assessed Value: $549,700
Tax Year: 2019
Tax Annual Amount: $7,542
Association Amenities: Tennis Court, Professional Management, Association, Pool, Golf Course, Landscaping
Association Fee: $375
Association Fee Frequency: Monthly
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer Information: Public Sewer
Water Source: Public
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 |
|---|---|---|---|---|---|---|---|
|
03/22/2020
| |
2 Bed
|
2 Bath
|
1416 ft²
|
$499,000
2 Bed
2 Bath
1416 ft²
|
$479,500
-3.91%
06/17/2020
|
Jacob Smith
Ward Wight Sotheby's International Realty
|
Building Info
About Spring Lake Heights
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Listed by: Jacob L Smith, Ward Wight Sotheby's International Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22011173
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: 3 years ago
Data Source: MOMMLS, MLS# 22011173
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