$350,000
●
House -
Off Market
97 Abbott Avenue
Ocean Grove, NJ 07756
4 Beds
3 Baths,
1
Half Bath
$590,093
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model
About This Property
Do You have the Desire to Renovate with an Eye for Preserving
Architectural Integrity? Well... this is the Grand Ocean Grove
Restoration Opportunity for You! With Large Sized Rooms, 9 Ft
Ceilings, Wide Plank Pine Floors, Plaster Arches, Gas Iron
Radiators, Glass Knob French Doors, Turned Staircases, and Double
Front Porches. All of this Potential on a wide block with
Southern Exposure. Price, Home and Location are Phenomenal.
Bring Your Family Beach Home Dreams Back to Life in Ocean
Grove!
AS IS Sale With Buyer to obtain all Inspections and Certs from Township. Not a Short Sale.
AS IS Sale With Buyer to obtain all Inspections and Certs from Township. Not a Short Sale.
Unit Size
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Days on Market
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Land Size
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Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1870
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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 #21843638)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 11, 2022 | Sold | ||
| Sold | |||
| Mar 1, 2022 | Listed by Jack Green Realty | $1,200,000 | |
| Listed by Jack Green Realty | |||
| | |||
|
Amazing opportunity to own this Beautifully and tastefully fully renovated Victorian home in Quaint Ocean Grove. This is the beach house you have been waiting for. Completely renovated in 2020 this labor of love left no stone unturned. With all new plumbing, electrical, heating and cooling you will have nothing to do but move in and start enjoying your new life at the Jersey shore. The Open concept first floor boasts hardwood floors, A beautifully renovated kitchen with Stainless steel appliances, quartz counter tops and beautiful cabinetry. First floor full bath great for showering after a day at the beach. On the second floor you will find two nice sized bedrooms, full bath, the master bedroom, and master bath. Third floor surprise with another bedroom with vaulted ceilings and full bath. Enjoy the warm summer nights on the first and second floor porches. Don't wait. Will definitely not last
| |||
| May 22, 2019 | Sold | ||
| Sold | |||
| Nov 9, 2018 | Listed by Diane Turton, Realtors-Wall | $399,999 | |
| Listed by Diane Turton, Realtors-Wall | |||
Property Highlights
Parking Available
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Neptune
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Listed by: Bridget Gannon Smith, Diane Turton, Realtors-Wall
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21843638
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# 21843638
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