$230,000
●
House -
Off Market
89 Florence Avenue
Leonardo, NJ 07737
3 Beds
1 Bath
746 Ft²
$397,536
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model
About This Property
This adorable Cottage by the Sea, sits at the end of a quiet street
and is move-in ready! Inviting and sunlit enclosed front porch is
perfect for morning coffee or sunset wine and relaxing! Full,
unfinished basement is high and dry with bilco doors leading to a
fully fenced back yard. This lovingly cared for and well maintained
home is unlike anything on the market at this incredible price!!!
A perfect location for a weekend retreat or full time
residence! Minutes to Atlantic Highlands restaurants, shopping and
theater, Seastreak Ferry & NY Waterway Ferry for quick & easy
commute to NYC. NO flood insurance needed! Outdoor enthusiasts will
enjoy the close proximity to the Bayshore Trail, Henry Hudson
Trail, Leonardo Marina, Sandy Hook, Hartshorne State Park and much
more!
Unit Size
746 Ft²
Days on Market
-
Land Size
-
Price per sqft
$315
Property Type
House
Property Taxes
$253
HOA Dues
-
Year Built
1933
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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 #21618709)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 15, 2020 | Sold | ||
| Sold | |||
| Sep 13, 2019 | Listed by RE/MAX The Real Estate Leaders | $235,000 | |
| Listed by RE/MAX The Real Estate Leaders | |||
| | |||
|
WELCOME HOME! Get cozy just minutes from the Jersey Shore in this three bedroom, one bath, home located on a private street! Upon entry you'll be greeted by a light and bright enclosed front porch. Enter through the front door and step into your living room, towards the back of the home you'll find a spacious kitchen, and bright dining area with direct access to the backyard. Upstairs boats three bedrooms with new flooring throughout and a shared full bath. Back downstairs you'll find a large basement with plenty of room for storage!
| |||
| Jul 29, 2019 | No longer available | - | |
| No longer available | |||
| Jun 20, 2019 | Price Decreased |
$238,000
↓ $4K
(1.7%) | |
| Price Decreased | |||
| May 14, 2019 | Listed | $242,000 | |
| Listed | |||
| | |||
|
Charming Shore Cottage located on a quiet street in the Leonardo section of Middletown. This home is perfect for a first time home buyer, investors or people commuting to NYC. Enter the home through the welcoming enclosed front porch. Relax in the cozy living room or enjoy the warm summer season in the lovely fenced back yard. Desirable location near area beaches, walking trails, Academy Bus and Seastreak Ferry as well as popular restaurants in Atlantic Highlands.
| |||
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Property Highlights
Parking Available
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Leonardo
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Listed by: Elizabeth O'Reilly, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21618709
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# 21618709
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017