70 Lamson Road
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 29, 2022 | Sold | ||
| Sold | |||
| Feb 19, 2022 | Listed by Weichert Realtors - Ship Bottom | $989,500 | |
| Listed by Weichert Realtors - Ship Bottom | |||
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Stafford Twp - Resort style living at its finest on your own secluded retreat. This Magnificent Jersey Shore Estate has nearly 3 private acres up on a hill overlooking a national wildlife refuge with partial water views. It is located less than 10 minutes from LBI Beaches, Barnegat Bay and Area Shopping. This beautiful 4-story custom built home with a large wrap-around front porch includes many custom upgrades and amenities both inside and out. Built by a local builder as his family's primary residence, this one of a kind home was designed for open concept living. Bright and beautiful, it is flooded with natural light and is ideal for entertaining in all seasons. The House on this pristine property includes 6 bedrooms, 3 full baths, 3 fireplaces, 2 sets of interior stairs, including a stair tower extending from the walkout basement to the unfinished 4th floor, 9' ceilings. Beautiful oak hardwood floors with mahogany accents and ceramic tile throughout. The oversized 2-car attached Garage has built in cabinets & shelving is insulated and has 9' doors with openers. In addition the property has a 27' x 35' Detached Pool House with garage door and 12' x 45' loft, a Gorgeous 16' x 44' Fiberglass Swimming Pool, 40' x 80' Beach Volleyball Court, 150' X 160' Front Grass Ball Field, 400' of new 6' tall white Vinyl Fencing, Large Fire Pit, Gazebo with Water View, a Garden Shed and a 4' x 8' Outdoor Shower with changing area, all situated on a leveled and mostly cleared Sprawling 3 Acre Property. Main Floor - Large open kitchen includes a huge island with oversized double sinks, 2 dishwashers and a 21' long raised bar that seats 10 comfortably, an additional center island, 2 ovens, 2 microwaves and a refrigerator, 3 pantry closets, Craft-Made semi custom cabinets with under cabinet lighting topped off with gorgeous granite and many additional customized upgrades. This Amazing kitchen extends into an eating area and spacious family room with an x- large Mendota vented gas fireplace surrounded by an enormous stone and granite mantle. This incredible living space opens into a magnificent 41' long sunroom through any of the (3) 6' wide French doors. Wall-to-wall windows and (5) skylights fill the sunroom with natural light and stunning views. Each end opens to elevated decks through 8' Andersen sliders complete with transoms. Also included on the main level, a 2-story grand entry foyer, Living room, Dining room, Large guest room with full bath, a laundry room with separate outside entrance and utility sink. Third Floor - (5) large bedrooms with either walk-in or multiple closets, each with recessed lights and ceiling fans. An Incredible Master Suite (1000 SF) with a sitting area, a large Mendota vented gas fireplace, a Jacuzzi whirlpool tub, a 6' long vanity with double sinks and granite top, his and her walk-in closets and 13 large Andersen windows. Conveniently located outside the MB is an oversized laundry room featuring a raised tile platform, (2) 4' closets with double doors, 15' of countertop with under counter storage, upper storage cabinets, (2) Andersen windows and a utility sink. Fourth Floor - Enormous,22'x64' wide opened unfinished room complete with large egress windows and skylights. This 1350 SF of potential living space, has 3/4 plywood flooring, is equipped with an electrical subpanel and roughed in plumbing. Ground Floor - The 9’ tall solid poured walkout basement (2,700 SF of potential living space) is mostly above ground, it features a 6’ tall wall of windows and the entire slab is insulated with 1-1/2” Styrofoam, heated by a high quality, wood/coal burning Alaskan stove. The (14) basement windows provide plenty of natural light, a French door opens to the beautifully landscaped backyard only a few steps from the in-ground fiberglass swimming pool. No liner ever!
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| Dec 15, 2021 | No longer available | - | |
| No longer available | |||
| Nov 19, 2021 | Price Decreased |
$975,900
↓ $10K
(1%) | |
| Price Decreased | |||
| Oct 15, 2021 | Price Decreased |
$985,900
↓ $14K
(1.4%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017