$364,000
●
House -
Off Market
809 Shore Road
Spring Lake Heights, NJ 07762
3 Beds
2 Baths,
1
Half Bath
$552,218
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model
About This Property
Located on Wreck Pond and about a mile to Spring Lake beach. Build
your dream home here! Current house needs to be razed. This is
being sold as LOT VALUE only. No survey or elevation cert
available. Buyer to do their own due diligence. House took on water
during Sandy and 2 other storms.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$551
HOA Dues
-
Year Built
2021
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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 #21947447)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 16, 2021 | Sold | ||
| Sold | |||
| Dec 9, 2020 | No longer available | - | |
| No longer available | |||
| Dec 9, 2020 | Listed by The MacGowan Agency, Inc. | $1,195,000 | |
| Listed by The MacGowan Agency, Inc. | |||
| | |||
|
WATERFRONT - New Construction on beautiful Wreck Pond in Spring Lake Heights. 1 Mile to Spring Lake beaches. A 2,850 sq. ft. custom Colonial. This 4 bedroom, 3.5 bath home with a loft overlooking Wreck Pond is on a 50x157 deep landscaped waterfront lot. The home has an open kitchen with woo shaker cabinets, granite counter tops and stainless steel appliances with hardwood floors throughout the home, passing a gas fireplace. The bathrooms have a freestanding wood vanity with marble tops, Moen fixtures and Kohler toilets. The outside has a cedar shake siding, Anderson windows and doors, lifetime dimensional roof, white maintenance free trim with composite porches and an outdoor shower. Buy early to add any finishing touches you may desire.
| |||
| Jun 6, 2020 | Listed | $1,195,000 | |
| Listed | |||
| | |||
|
WATERFRONT-New Construction on beautiful Wreck Pond in Spring Lake Heights. 1 mile to Spring Lake beaches. A 2,850 sq. ft. custom Colonial, this 4 bedroom, 3.5 bath home with a loft overlooking Wreck Pond is on a 50x157 deep landscaped waterfront lot. The home has an open kitchen with wood shaker cabinets, granite counter tops and stainless steel appliances with hardwood floors throughout the home, passing a gas fireplace. The bathrooms have a freestanding wood vanity with marble tops, Moen fixtures and Kohler toilets. The outside has vinyl cedar shake siding, Anderson windows and doors, lifetime dimensional roof, white maintenance free trim with composite porches and an outdoor shower.Buy early to add any finishing touches you may desire.
| |||
| Jan 15, 2020 | Sold | ||
| Sold | |||
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Spring Lake Heights
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Listed by: Erin Hunt, Diane Turton, Realtors-Point Pleasant Boro
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21947447
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# 21947447
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017