If you're a savvy investor, this property is for you! Over $53k net income per year from this 3 family investment property. That's a CAP rate of over 10%! Great neighborhood of Asbury near everything! Main house has 2 units: 3BR/1BA downstairs, 2BR/1BA upstairs. Detached rear cottage has 2BR/1BA. Main house has new roof (2019) and a new water heater (2020). Rear cottage fully renovated in 2019. Main house renovated approximately 5 years ago. Separate gas and electric for each unit. All units have hardwood floors throughout. Double wide driveway can accommodate 3-4 cars. Contact me today and start your 2021 year off right!
Off market
Zestimate®
$792,000
1026 Monroe Ave, Asbury Park, NJ 07712
7beds
3,012sqft
SingleFamily
Built in 1925
4,791 Square Feet Lot
$792,000 Zestimate®
$263/sqft
$5,678 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced air, Gas
Appliances
- Included: Refrigerator
- Laundry: Washer Hookup
Features
- Basement: Full
Interior area
- Total interior livable area: 3,012 sqft
Property
Parking
- Total spaces: 3
Lot
- Size: 4,791 sqft
Details
- Parcel number: 0400505000000006
Construction
Type & style
- Home type: SingleFamily
Condition
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas
Community & neighborhood
Location
- Region: Asbury Park
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- Heating: Forced Air, Natural Gas, 3+ Zoned Heat
- Appliances: Dishwasher, Refrigerator, Water Heater, Gas Stove
- Roof: Shingle
- HeatingYN: true
- Basement: Full
- LaundryFeatures: Washer Hookup
- NumberOfUnitsTotal: 3.0000
- GrossIncome: 63000.00
- RoomBasementFeatures: Full
- RoomMasterBedroomLevel: First,Second
- Utilities: Natural Gas
- RoomKitchenLevel: First,Second
- RoomLivingRoomLevel: First,Second
- NumberOfUnitsInCommunity: 3.0000
- OperatingExpense: 9740.00
- MlsStatus: Active
- TaxAnnualAmount: 6306.00
- InsuranceExpense: 2288.00
- NetOperatingIncome: 53260.00
- NewTaxesExpense: 6306.00
- WaterSewerExpense: 1146.00
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$792,000
2% more+$15,840
With Zillow Showcase(estimated)$807,840