$360,000
●
House -
Off Market
88 Frances Place
Keansburg, NJ 07730
3 Beds
2 Baths
960 Ft²
$328,102
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model
About This Property
Almost finished! This 3 Bedroom shore cape has been fully renovated
on the first floor. Features new kitchen with stainless steel
appliances, tile backsplash, and granite counters. Formal Dining
Room with beautiful coffered Ceiling, Living Room with wood burning
fireplace, enclosed porch with heat and all new windows and fully
renovated full bath. Mud Room and Laundry room with slop sink and
cabinets for storage,. Second floor has not been finished. 2
Car detached garage features 3 finished rooms and a full bath on
second floor. **Cannot be used as a two family but could be a great
home office, workout room, man cave..just a great extra space. This
is a perfect home for a small renovation loan. New Central AC
and New Electric Panel.
Unit Size
960 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$343
Property Type
House
Property Taxes
$347
HOA Dues
-
Year Built
1938
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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 #22311260)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 20, 2023 | Sold | ||
| Sold | |||
| Apr 29, 2023 | No longer available | - | |
| No longer available | |||
| Apr 26, 2023 | Listed by Driftwood Real Estate Group | $329,000 | |
| Listed by Driftwood Real Estate Group | |||
| Jan 23, 2023 | Listed by Driftwood Real Estate Group | $315,000 | |
| Listed by Driftwood Real Estate Group | |||
| | |||
|
Almost finished! This 3 Bedroom shore cape has been fully renovated on the first floor. Features new kitchen with stainless steel appliances, tile backsplash, and granite counters. Formal Dining Room with beautiful coffered Ceiling, Living Room with wood burning fireplace, conditioned enclosed porch and all new windows and fully renovated full bath. Mud Room and Laundry room with slop sink and cabinets for storage,. Second floor has not been finished. Needs Electric completed, windows and flooring. 2 Car detached garage features 3 finished rooms and a full bath on second floor. **Cannot be used as a two family but could be a great home office, workout room, or man cave. New CA and electric panel. This is a perfect home for a small renovation loan. Sold strictly ''As Is''
| |||
| Oct 9, 2021 | No longer available | - | |
| No longer available | |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Baths
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About Keansburg
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Listed by: Susan Montanti, Driftwood Real Estate Group
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22311260
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# 22311260
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