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Map
$599,900
●
Condo -
For Sale
900 Wesley Ave #101
Ocean City, NJ 08226
2 Beds
2 Baths
812 Sqft
$3,168
Estimated Monthly
29.56%
Cap Rate
About This Property
#101 Sun Beach Condo - 2BR, 2BA residential condo (812 sq.ft. +/-)
with heated pool. Sleeps 8. Huge 2nd BR with two queen beds. Master
BR with king bed plus full sleep-sofa (Flexsteel) pull-out in LR.
Split floorplan has bedrooms on opposite sides of the apartment for
added privacy. This building has no front desk and no rental
restrictions. Most of the 38 residential units are used as 2nd home
vacation get-aways. Use the property as a 2nd home or rent it - use
local Realtors, or do it yourself via VRBO, AirBB or others.
Currently it's a rental property. Consistently grosses
$48,000-$55,000+ every year. Read the Guest Reviews Below! Center
City location puts everything a few short blocks away...EZ walking
distance to the Beach and the Boardwalk and the shopping on Asbury
Avenue. Granite countertops in the kitchen, breakfast bar, dining
booth and in both baths. Upgraded wood cabinets in kitchen & baths.
In-unit washer/dryer (all others use coin-op common laundry).
Complex has heated pool, BBQ area, storage and spacious upper
sundeck with loungers, tables & chairs. Sold Fully Furnished &
equipped as is. Condo fee includes hot water, TV Cable & Wifi,
flood/fire insurance, exterior maintenance. One car parking
off-site. Check Associated Docs for lots more info.
INVESTORS! Please
check out the attached Investment Property Analysis. This property
has a multi-year stable rental track record. With 20% down at 7%,
30 years, the property has an after tax (24% Tax Bracket) POSITIVE
CASH FLOW starting at year ONE! Try to find that with other
properties you are considering!
The manager has listed the unit size as 812 square feet.
The manager has listed the unit size as 812 square feet.
Unit Size
812Ft²
Days on Market
100 days
Land Size
-
Price per sqft
$739
Property Type
Condo
Property Taxes
$222
HOA Dues
-
Year Built
-
Listed By
Last updated: 5 days ago (SJSRMLSNJ #582123)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Feb 13, 2024 | Listed by JESSE REAL ESTATE | $599,900 | |
Listed by JESSE REAL ESTATE | |||
Mar 2, 2022 | No longer available | - | |
No longer available | |||
Sep 29, 2021 | Relisted | $399,900 | |
Relisted | |||
Sep 28, 2021 | No longer available | - | |
No longer available | |||
Mar 7, 2021 | No longer available | - | |
No longer available |
Show More
Property Highlights
Air Conditioning
Interior Details
Interior Information
Deck
Exterior Details
Pool Information
Pool
Exterior Information
Block
Concrete Block
Masonry
Stucco
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
Sold
Condo
2
Beds
2
Baths
1,050 ft²
$514/ft²
$540,000
Nov 15, 2022
$540,000
Jan 20, 2023
-
Sold
House
3
Beds
2
Baths
1,265 ft²
$387/ft²
$490,000
Nov 11, 2019
$490,000
May 8, 2020
-
Sold
House
3
Beds
3
Baths
1,472 ft²
$423/ft²
$622,000
Aug 12, 2020
$622,000
Oct 26, 2020
-
Sold
Condo
4
Beds
3
Baths
1,632 ft²
$339/ft²
$553,000
Mar 13, 2020
$553,000
Jul 31, 2020
$450/mo
Sold
House
4
Beds
4
Baths
1,204 ft²
$415/ft²
$500,000
Apr 5, 2017
$500,000
Jun 29, 2017
-
Condo
5
Beds
4
Baths
1,854 ft²
$372/ft²
$690,000
Feb 26, 2019
$690,000
Apr 26, 2019
-
Active
Condo
2
Beds
2
Baths
1,080 ft²
$583/ft²
$629,900
Sep 30, 2023
-
$299/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
01/20/2023
|
Studio
|
1 Bath
|
-
|
$239,900
Studio
1 Bath
|
$219,900
-8.34%
11/21/2023
|
-
|
MICHAEL DEVLIN
Berger Realty
|
|
01/18/2023
|
Studio
|
1 Bath
|
300 ft²
|
$249,900
Studio
1 Bath
300 ft²
|
-
-
|
-
|
MICHAEL DEVLIN
BERGER REALTY-Main
|
|
11/09/2022
|
Studio
|
1 Bath
|
290 ft²
|
$249,900
Studio
1 Bath
290 ft²
|
-
-
|
-
|
MICHAEL DEVLIN
BERGER REALTY-Main
|
|
07/08/2022
|
Studio
|
1 Bath
|
300 ft²
|
$239,900
Studio
1 Bath
300 ft²
|
-
-
|
-
|
MICHAEL DEVLIN
BERGER REALTY-Main
|
|
03/09/2022
|
Studio
|
1 Bath
|
-
|
$199,900
Studio
1 Bath
|
$195,000
-2.45%
11/18/2022
|
MICHAEL DEVLIN
BERGER REALTY-Main
|
||
06/10/2022
|
Studio
|
1 Bath
|
280 ft²
|
$199,900
Studio
1 Bath
280 ft²
|
-
-
|
-
|
MICHAEL DEVLIN
BERGER REALTY-Main
|
|
06/10/2022
|
Studio
|
1 Bath
|
280 ft²
|
$199,900
Studio
1 Bath
280 ft²
|
-
-
|
-
|
MICHAEL DEVLIN
BERGER REALTY-Main
|
|
03/09/2022
|
Studio
|
1 Bath
|
-
|
$189,900
Studio
1 Bath
|
-
-
|
-
|
MICHAEL DEVLIN
BERGER REALTY-Main
|
|
03/07/2022
|
Studio
|
1 Bath
|
380 ft²
|
$249,900
Studio
1 Bath
380 ft²
|
$220,900
-11.60%
05/23/2022
|
ANASTASIA SURACE
BHHS FOX and ROACH-Simpson OC
|
||
12/16/2021
|
Studio
|
1 Bath
|
286 ft²
|
$164,900
Studio
1 Bath
286 ft²
|
-
-
|
-
|
KEN SEDBERRY, GRI
BERGER REALTY-Main
|
|
03/06/2021
|
2 Bed
|
2 Bath
|
956 ft²
|
$399,900
2 Bed
2 Bath
956 ft²
|
-
-
|
-
|
JESSE BRIGLIA
Fox Real Estate-Ocean
|
|
02/10/2021
|
Studio
|
1 Bath
|
-
|
$139,900
Studio
1 Bath
|
-
-
|
-
|
-
|
|
08/06/2020
|
Studio
|
1 Bath
|
286 ft²
|
$129,900
Studio
1 Bath
286 ft²
|
-
-
|
-
|
-
|
|
06/09/2020
|
2 Bed
|
3 Bath
|
956 ft²
|
$429,900
2 Bed
3 Bath
956 ft²
|
-
-
|
-
|
-
|
|
06/04/2020
|
Studio
|
1 Bath
|
-
|
$134,900
Studio
1 Bath
|
-
-
|
-
|
-
|
|
03/10/2020
|
Studio
|
1 Bath
|
-
|
$118,900
Studio
1 Bath
|
-
-
|
-
|
-
|
|
07/29/2019
|
Studio
|
1 Bath
|
290 ft²
|
$119,900
Studio
1 Bath
290 ft²
|
-
-
|
-
|
-
|
|
09/04/2018
|
Studio
|
1 Bath
|
-
|
-
Studio
1 Bath
|
-
-
|
-
|
-
|
|
07/10/2018
|
2 Bed
|
2 Bath
|
900 ft²
|
-
2 Bed
2 Bath
900 ft²
|
-
-
|
-
|
-
|
|
06/18/2018
|
|
4 Bed
|
3 Bath
|
-
|
-
4 Bed
3 Bath
|
-
-
|
-
|
-
|